Fixed-Income

Bank Loan
Texas Plan Narrows Bank Loan Search

Plan will interview two firms in a search to fill its 6% target allocation to bank loans next month.

11.16.20
Fixed-Income
Southeast Plan Axes Global Fixed-Income Mgr.

A Southeastern pension plan terminated its global fixed-income manager at a meeting today due to poor performance.

11.12.20
Daily Feed
Western College Savings Plan Places FI Strategy On Watch

A Western college savings plan added a fixed-income strategy to its watchlist in September due to underperformance.

11.12.20
Fixed-Income
Southeast Transit Plan Adds Distressed Debt, HY Bond Investments

Plan added investments in distressed debt and high-yield fixed-income in successive months in the third quarter.

11.09.20
Consultant/OCIO/Discretionary
Mid-Atlantic Plan Eyes OCIO Search; To Consider New Asset Classes

A $1.1 billion Mid-Atlantic pension plan will run a search to explore the outsourced cio space as a potential alternative to its traditional consulting relationship.

11.05.20
Emerging/Diverse Managers
Midwest Plan To Consider Emerging Manager-of-Managers

A Midwest plan will consider hiring an emerging manager-of-managers to increase its emerging manager utilization goal.

11.05.20
MRI/Social Investments
New England Foundation Establishes ESG Portfolio

A foundation based in New England established a new Environmental, Social and Governance (ESG) portfolio earlier this year.

11.05.20
Searches And Hires
Midwest Trust Fund To Receive Credit, Fixed-Income Recommendations

A trust fund in the Midwest will hear recommendations to add private credit strategies at its December board meeting and new core bond and multi-sector fixed-income managers at its November board meeting.

11.05.20
Fixed-Income
Rocky Mountain Plan Liquidates HY Investment

A Rocky Mountain pension plan liquidated a high-yield fixed-income investment and moved the assets to an existing core bond manager at an August board meeting.

11.04.20
Fixed-Income
Orange Park Police To Review Fixed-Income Mgrs.

A trustee has expressed concern over the universe ranking of the plan’s incumbent bond manager.

10.30.20