Equity

A pension fund near D.C. is keeping a close tab on two non-U.S. equity managers due to declining assets under management.

A New England pension plan terminated an international equity manager and will interview potential replacements next month.

The search is being conducted for due diligence purposes and the incumbent manager is currently on watch.

Endowments typically invest countercyclically by decreasing active risky allocations during the run-up to a crisis, such as the Global Financial Crisis, and then increasing these allocations as risky asset prices fall following the start of a crisis, new research shows.

An Eastern state plan disclosed several commitments as part of its initial allocation to alternative risk premia.

A Western fund will focus on building out its global equity allocation after increasing it alongside its private investment allocation last week.