Fixed-Income
The plan has begun its high-yield fixed-income manager search
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.
