Fixed-Income
The plan will issue five RFPs this year, beginning with high-yield fixed-income this week.
The changes include a new global credit team.
The plan hired two managers for its evolving public markets portfolio
The plan is considering specialty managers to handle $600 million for its evolving public markets portfolios.
The plan concluded its search for core fixed-income and TIPS managers.
The plan will receive finalist presentations from three liquid multi-sector credit managers and three semi-liquid multi-sector credit managers over the next two months.
The plan will consider replacing its international small-cap equity mandate with MFS Investment Management in May.
She will participate in portfolio management of all municipal bond strategies.
The plan may hire one or more managers to handle its $1.6 billion domestic core fixed-income portfolio.