Fixed-Income
The plan narrowed the search to the top two scoring firms.
The fund approved the addition of an active fixed-income manager to its lineup at a meeting yesterday.
The plan will also soon issue RFPs for international equity and fixed-income managers.
Plans investment committee will review three proposed alternatives commitments this week.
The plan recently hired a domestic small- to mid-cap growth equity manager and terminated a domestic large-cap firm.
The plan disclosed the hire of a new emerging market debt manager at today’s board meeting.
A plan in the South will conduct a search to replace a domestic small-cap value equity manager and may receive replacement options as soon as its next meeting in May.
The plan is looking to hire a core fixed-income manager to handle up to $35 million.
The plan received an initial presentation on potential changes and new strategies within its equity portfolio at a meeting today.
A university based in the Midwest retained its investment consultant for its assets at a meeting last week.