Fixed-Income
The plan voted to rehire its incumbent core fixed-income manager at a meeting today.
The plan canceled its core fixed-income search initiated in March and increased the mandates of its incumbents.
Plan added two domestic intermediate duration fixed-income mandates totaling $120 million.
The plan hired an emerging market debt blended manager following a search report presentation.
The plan named two firms to vie for an up to $50 million fixed-income mandate.
A Midwestern pension plan concluded its investment consultant search and graduated a fixed-income manager from its emerging manager program at today’s board meeting.
The search is part of standard regulatory requirements.
The plan approved a new asset allocation last month and will review potential implementation recommendation in the months ahead.
The plan agreed to conduct an international large-cap equity manager search and broaden its emerging market debt allocation at today’s board meeting.
