Fixed-Income
A pension fund in the South made a domestic core-plus fixed-income hire as part of a new structure for the asset class.
The global EMD team is assuming former responsibilities, the firm says.
Pictet’s former EMD chief has joined a new firm after a 2-year hiatus.
The plan hired a single firm to handle the equity portion of its portfolio, though a decision on how the fixed-income portion will be managed remains undecided.
A Southwestern pension plan approved a multi-sector credit fund investment to fill a new allocation to non-core fixed-income last month.
A university based on the West Coast has hired an investment manager.
A Midwestern pension fund has made a hire in its liquid absolute return manager search.
A West Coast pension fund will consider issuing an RFP for a global credit manager RFP.
An employees retirement system will create a direct emerging manager program with roughly $25 million.
A California pension plan expects to review an unconstrained bond manager due to underperformance.