High-Yield

Fixed-Income
Southern Fund To Allow Below Investment Grade Fixed-Income Investments

A fund in the South revised its investment policy statement to allow staff to internally invest a portion of its fixed-income allocation in BB-rated securities at a meeting last month.

02.11.21
Equity
Midwest Plan Shakes Up Equity, Fixed-Income Portfolios

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.

02.05.21
High-Yield
Brandywine Acquires Diamond Hill HY Team

The transaction is expected to close in the second quarter.

02.04.21
High-Yield
Mid-Atlantic Approves Maiden HY Fixed-Income Target

The plan created a maiden high-yield fixed-income allocation as part of a new target asset allocation.

01.28.21
Industry News
Nonprofit News Special Report: 2021 Traditional Investments Outlook

Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.

01.07.21
Searches And Hires
Western 529 Adds Firms To Watch; Slates Program Manager RFP

A Western-based 529 plan added three strategies to its watchlist at its board meeting due to underperformance.

12.17.20
Searches And Hires
Southern Fund Issues High Yield RFP

A fund in the South has issued its RFP seeking high-yield fixed-income managers to improve diversification, enhance return and reduce volatility within its portfolio.

12.17.20
Asset Study/Review
Midwest 529 Plan Moves Toward Foreign Stocks And Bonds

A 529 plan based in the Midwest has adjusted its asset allocations.

12.10.20
Multi-Asset/Investment Advisor
Western 529 To Consider Program Manager RFP, Watchlist Recommendations

A 529 plan based in the West will consider approving an RFP for a program manager and placing three investment strategies on watch at its board meeting today.

12.10.20
People Moves
Invesco High Yield & Multi-Sector Credit CIO Exits

The Global Investment Grade and Emerging Markets CIO will assume his responsibilities.

12.04.20