Fixed-Income
Plan hired a new domestic core fixed-income manager following a search report presented last month.
The plan may look to add international value equity, international small-cap core equity and global value equity managers as part of a public markets portfolio structure review.
The plan is searching for managers not correlated with the Bloomberg Barclays US Aggregate Index.
Plan added a $15 million senior direct lending commitment and tabled an intermediate duration fixed-income search presentation to next month.
The current global head of fixed-income is retiring on June 30.
A Southeastern city deferred compensation plan retained its stable value manager at a city council meeting this week.
A Midwestern pension plan liquidated one of its core fixed-income mandates in an effort to consolidate the portfolio.
A hospital system in the South has issued an RFP seeking firms to manage internal portfolios in accordance with its investment policy.
The plan will invest $10 million each with the blended currency managers.
The plan issued an RFP as part of a portfolio structure review.