Fixed-Income

Fixed-Income
Empire State 457 To Launch Core Fixed-Income RFP

The plan is searching for a firm to handle more than $1.6 billion due to the contract expiration of its incumbent manager.

12.20.21
Emerging/Diverse Managers
Chicago Plan Adds Diverse-Owned Manager

A plan based in Chicago hired a diverse-owned fixed-income manager at the beginning of the month following a search.

12.16.21
Asset Study/Review
Midwest 529 Swaps Real Estate, Bond Strategies

A 529 plan in the Midwest has swapped several underlying real estate and fixed-income strategies to help reduce fees.

12.16.21
International / Global / Emerging Markets
West Coast Plan Watching 4, Hires New EME Manager

The plan is watching four firms due to underperformance and hired a new emerging markets equity manager.

12.15.21
Mid-Cap
Northeast Plan Terminates Equity & FI Mgrs.; Adds Commitments

The plan terminated two existing managers and added commitments totaling roughly $912 million in October.

12.14.21
Asset Study/Review
Calif. County To Implement New A/A

The plan will implement its recently approved asset allocation policy in three phases.

12.14.21
Fixed-Income
Florida Plan Makes Fixed-Income, Credit Hires

The plan added a second firm to its emerging manager program and continued to build out its private credit portfolio.

12.13.21
Credit/Private Debt
West Coast Plan Adds Global Credit Allocation

Plan will issue an RFP moving forward after approving a new global credit allocation last week.

12.09.21
Asset Study/Review
Southern Fund Approves New A/A For Liquid Account

A fund in the South approved a new strategic asset allocation for its liquid account following a recommendation from its general investment consultant last month that essentially creates a 60% equity 40% fixed-income portfolio.

12.09.21
Alternatives
Mid-Atlantic Plan Discloses Commitments, FI Mgr. Termination

A Mid-Atlantic plan disclosed three recent commitments and the termination of a fixed-income manager at yesterday’s board meeting.

12.08.21