The plan agreed to conduct an international large-cap equity manager search and broaden its emerging market debt allocation at today’s board meeting.
The retirement system approved a “disruptive technology investment” at its board meeting today.
The new asset allocation increases its equity target by 3%.
Their team will pursue growth investment opportunities in tech-enabled, software and healthcare services companies.
The plan interviewed three finalists in the search at a special meeting yesterday.
The plan approved a new target asset allocation at its board meeting today.
The plan selected two finalists to interview after reviewing a search report at its board meeting yesterday.
The TSW ceo will become ceo of Pendal’s U.S. business.
The plan’s general investment consultant will conduct a search for a domestic small-cap equity manager to complement its small-cap value manager.
The plan added one firm on watch for underperformance and two more for organizational concerns.