Fixed-Income

A university based in the Midwest has selected a bond advisor following the issuance of an RFP last month.

A Northeastern educational authority has issued an RFP seeking trustee services, including investment of money, related to the sale of revenue refunding bonds for a state college.

The library approved a new target allocation that increased allocations to safe haven assets in fixed-income, reduced its global asset allocation target in favor of strategic equity and fixed-income allocations and balanced its regional exposure in equities to better align with the MSCI ACWI.

The plan will hire five emerging managers-of-managers to oversee $1 billion.

Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.

A fund in the Southwest rehired a firm to provide investment management services for two separate externally managed fixed-income pools following a search from the second quarter.