Equity

A Southern state plan is reducing its exposures to real estate and emerging markets equity to reduce volatility, while increasing the exposures to developed international and U.S. equity to add capital stability.

A Midwestern pension plan will review the potential inclusion of infrastructure and global low volatility equity into its portfolio before the end of the year.

A pension fund on the West Coast has terminated two underperforming managers.

A New England pension plan hired two firms to replace an international value equity mandate with LSV Asset Management.

A Mid-Atlantic pension plan hired a new emerging markets equity manager following interviews at a meeting today.

Domestic and international equity manager AJO will close next month.