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.
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.