Equity
A foundation based in the Midwest recently adjusted its asset allocation targets, shifting toward equity and away from fixed-income.
A university in New England approved investing in an international equity index fund within its endowment at its investment committee meeting last month.
The plan is searching for active all-cap growth managers and passive equity managers.
The plan terminated sustainable equity manager Neuberger Berman, which had been on watch.
The plan will interview three finalists for its large-cap growth search.
The plan will look to invest in new funds offered by its incumbent managers.
The plan’s new international equity structure results in two manager hires.
A plan in the Southwest is divesting assets from a food-related company.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The plan terminated its sole reinsurance manager in May.