Fixed-Income
A university based in the Midwest has issued an RFP seeking bond advisory services.
The plans replaced its emerging market debt firm due to the departure of its portfolio management team.
The plan’s incumbent handles both strategies and was first hired in 2014.
A Florida general employees retirement system will interview two credit managers to each handle potential $20 million commitments and will also bring in a diverse-owned fixed-income manager as part of its emerging manager program buildout.
They will continue to manage their existing strategies for Franklin Templeton.
The plan will soon begin domestic small-cap value equity, investment grade fixed-income and TIPS manager searches.
The search is due to unexpected departures at plan’s incumbent emerging market debt manager.
The plan will interview three firms at a specially called meeting next month.
A plan based on the West Coast added a bank loan strategy as part of the adoption of a new asset allocation last month.
Brown Advisory has appointed a fixed-income ESG analyst to expand its new global sustainable fixed-income team, the firm announced.
