The plan agreed to conduct an international large-cap equity manager search and broaden its emerging market debt allocation at today’s board meeting.
The new asset allocation increases its equity target by 3%.
The plan is conducting the search for diversification purposes.
A fund on the West Coast has issued an RFQ seeking fixed-income investment managers to handle its multi-billion portfolio.
A college in the Southwest retained its incumbent fixed-income manager to short-term investment management services following a search from last year.
A university based on the West Coast sold ESG bonds last month to help finance and refinance campus construction and renovation projects.
A fund in the Southwest has issued an RFP seeking firms to manage two separate externally managed fixed-income pools.
The plan hired a fixed-income manager to replace two underperforming incumbents.
The plan will conduct a search to replace a manager that decided to discontinue its fund.
The plan added one firm on watch for underperformance and two more for organizational concerns.