Fixed-Income
A Michigan pension plan will interview several firms as part of proposed changes to its international equity portfolio and expects to review search presentations in the domestic large-cap equity and high-yield fixed-income spaces next month.
A Virginia pension plan will hear private equity recommendations later this year as part of a pacing plan reviewed this week.
A Great Lakes pension plan will interview two managers to potentially run a global long/short hedged equity allocation next month, with private credit also on the horizon.
A California plan is keeping a close eye on two underperforming managers.
A Southwestern fire pension fund added a high-yield fixed-income investment and eliminated its low volatility equity mandate this month.
A Great Lakes-based pension plan approved a dedicated high-yield fixed-income investment this week.
A Rocky Mountain pension plan approved credit and high-yield fixed-income investments at this week’s board meeting.
A pension fund in New England is drafting RFPs for four asset classes.
A Midwestern pension plan terminated its bank loan manager last week.
A Mid-Atlantic pension plan approved a new dedicated allocation to the Term Asset-Backed Securities Loan Facility program and two investments to fill it at yesterday’s board meeting.