Fixed-Income
The plan began an invitation-only search last quarter.
The retirement system is expected to approve the search at its February board meeting.
The plan trimmed its fixed-income manager roster to two from three following a strategic review.
Two of the searches stem from a revised asset allocation adopted last month.
The six managers will each handle a maximum of $600 million.
The county treasurer’s office selected a new investment advisor to manage its fixed-income investment portfolio.
The university revised its retirement plan’s asset allocation in the fourth quarter, increasing its public fixed-income target.
The plan went with the incumbent manager in its domestic small-cap value equity search.
The school district is seeking a manager to provide cash flow investment management services and reporting for construction bond proceeds up to $179 million.
The plan also revised its upcoming fixed-income and international equity manager search timelines.
