Fixed-Income
His responsibilities will be assumed by another team member.
Plan will conduct a search for high-yield fixed-income managers due to impending contract expirations and hired a new general investment consultant.
Plan is seeking up to two managers to handle a roughly $190 million mandate after approving the RFP last week.
The plan has begun a search for its $6.2 billion core fixed-income asset class.
A Northeastern church pension plan added private equity, real estate and high-yield fixed-income investments during its June board meeting.
The plan is conducting a search for its $6 billion core fixed-income portfolio.
He will oversee the core and low-duration fixed-income strategies.
The search is due to two upcoming contract expirations.
The plan’s consultant conducted a search last quarter due to organizational changes.
A foundation based in the Midwest rebalanced its fixed-income allocation in anticipation of volatility within the asset class at its board meeting last month, according to video.