Equity
Program hired a new manager to handle the international equity portfolio for its prepaid college program in the third quarter.
The plan will conduct a target-date fund manager search to potentially replace an existing mandate.
A Southern state plan will conduct a manager search as part of a newly approved global equity structure.
The plan is searching for a global equity manager after creating the new sub-asset class within its public equity portfolio.
The plan issued two RFPs for managers to comply with procurement laws.
The plan is watching four firms due to underperformance and hired a new emerging markets equity manager.
The plan hired Neuberger Berman at today’s board meeting following an RFP search.
The plan will implement its recently approved asset allocation policy in three phases.
A university in the South will consider recommendations to add new global equity managers to its endowment next year.
The board approved an initial allocation of $1 billion to emerging managers across multi-asset classes.
