Equity
A fund based in the South will receive educations on two potential new asset classes at its next board meeting in the second quarter from its general investment consultant.
The plan recently hired a domestic small- to mid-cap growth equity manager and terminated a domestic large-cap firm.
The plan added two managers to its equity portfolio after increasing the target last year.
The plan will seek a third manager to complement its two incumbent emerging markets equity managers.
A plan in the South will conduct a search to replace a domestic small-cap value equity manager and may receive replacement options as soon as its next meeting in May.
The plan received an initial presentation on potential changes and new strategies within its equity portfolio at a meeting today.
A university based in the Midwest retained its investment consultant for its assets at a meeting last week.
The plan added an infrastructure commitment in January and funded several new investments in December.
The plan selected three finalists in its shortlist search for an emerging markets equity manager at a meeting this week.
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.