The plan is searching for a firm to handle more than $1.6 billion due to the contract expiration of its incumbent manager.
A plan based in Chicago hired a diverse-owned fixed-income manager at the beginning of the month following a search.
A 529 plan in the Midwest has swapped several underlying real estate and fixed-income strategies to help reduce fees.
The plan is watching four firms due to underperformance and hired a new emerging markets equity manager.
The plan terminated two existing managers and added commitments totaling roughly $912 million in October.
The plan will implement its recently approved asset allocation policy in three phases.
The plan added a second firm to its emerging manager program and continued to build out its private credit portfolio.
Plan will issue an RFP moving forward after approving a new global credit allocation last week.
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.
A Mid-Atlantic plan disclosed three recent commitments and the termination of a fixed-income manager at yesterday’s board meeting.