Equity
The institution will consider increasing its target to private equity through the reduction of its allocation to hedge funds as it looks to increase its return.
Plan added a multi-asset strategy because of its long-term track record and two small-cap equity strategies to replace existing funds due to outperformance prospects.
Domestic small-cap value equity manager was added to watch due to recent changes to the management structure of the strategy.
The plan is seeking a manager to handle $95 million in developed markets equities.
He will supervise research efforts to enhance the firm’s quantitative equity strategies.
A university in New England has added new international equity managers following an asset allocation study.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
The plan moved three of its index funds with Vanguard Group to index funds with Fidelity Investments.
A Midwestern college savings trust authority has adjusted the underlying fund investment options for two of its plans, adding small-cap equity, emerging markets equity, core bond and real estate options.
The plans expect to issue a third-party administrator RFP in the second quarter and recently decided to replace emerging markets core equity manager Lazard Asset Management.
