Fixed-Income

A New England pension plan has named finalists in its emerging market debt manager search.

Institutional investors are eyeing distressed debt and opportunistic credit as key sources for investment opportunities as the global market grapples with a health crisis that has impacted every corner of the business world, leaving many companies in need of refinancing existing debt, restructuring or taking on new lines of credit to keep their lights on.

A Great Lakes plan will consider opportunities in value-add and core real estate among other asset classes moving forward.

A pension plan in the Pacific Northwest will spend more time looking at distressed strategies within the credit space.

A Great Lakes-based pension plan hired an active emerging markets equity manager for its portfolio last month.

Institutional investors have spent the week outlining the potential ways the markets could move going forward as the COVID-19 pandemic continues to play out across the country and world.