The plan increased its real estate allocation to improve returns.
The plan will issue an RFP for up to three fixed-income managers later this year.
Plan will hear presentations from four value-add real estate finalists at next month’s board meeting.
A 529 plan in the South may consider recommendations to add high-yield fixed-income and emerging market fixed-income strategies at its meeting next week.
The plan has begun its high-yield fixed-income manager search
The plan will issue five RFPs this year, beginning with high-yield fixed-income this week.
The changes include a new global credit team.
The plan hired two managers for its evolving public markets portfolio
The plan is considering specialty managers to handle $600 million for its evolving public markets portfolios.
The plan concluded its search for core fixed-income and TIPS managers.