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.
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.
A university in the Mid-Atlantic region is searching for a director of public markets to help implement strategic, thematic and tactical asset allocation decisions.
A fund in the South is considering changes to its investment policy statement to expand current fixed-income guidelines to allow its core plus managers opportunities to deliver additional alpha.