Equity

A plan in the Great Plains region added two new firms in a move toward global equities and TIPS at a meeting last week.

A university foundation based in the Midwest swapped emerging markets equity managers this summer.

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.