Fixed-Income
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The plan added a new asset class after receiving an updated asset class assumption report.
His responsibilities will be absorbed by existing team members.
A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.
The plan expects to conduct three total searches this year as part of a search scheduled from its consultant.
A West Coast agency has issued an investment manager RFP for its three separate accounts.
Plan made several manager changes to its equity portfolio as part of a transition conducted by its new general investment consultant.
An endowment in the West has completed its sale of social bonds and will use the proceeds to promote justice, inclusion, equity and community wellness for all residents of its state.
The plan will also begin a search for a Standard & Poor’s 500 Index manager.
