The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The current CIO will retain his role as head of Fixed-Income.
The plan terminated its sole reinsurance manager in May.
Plan will hire a new core fixed-income manager after narrowing a search to three finalists.
A Northwestern 457 deferred compensation plan terminated three investment managers to simplify its investment menu.
The hires conclude a strategic fixed-income implementation plan.
The plan agreed to advance RFPs for an illiquid credit emerging manager program and passive fixed-income manager.
He is responsible for investment decision-making and portfolio construction considerations across a range of municipal portfolios.
The plan approved two manager searches at a meeting last week and also terminated a manager.
The plan hired a new domestic core fixed-income manager to replace a longtime incumbent.