High-Yield
A Michigan pension plan will interview several firms as part of proposed changes to its international equity portfolio and expects to review search presentations in the domestic large-cap equity and high-yield fixed-income spaces next month.
A Southwestern fire pension fund added a high-yield fixed-income investment and eliminated its low volatility equity mandate this month.
A Great Lakes-based pension plan approved a dedicated high-yield fixed-income investment this week.
A Rocky Mountain pension plan approved credit and high-yield fixed-income investments at this week’s board meeting.
A Texas pension plan moved a global fixed-income mandate to a distressed credit product this week.
A Southern university allocated a total of $60 million with three new investment managers since the onset of the global COVID-19 pandemic.
Supply versus demand after the shutdown related to COVID-19 represents the lingering question for investors.
A Western public school fund has issued RFPs seeking a high-yield fixed-income manager and a firm to provide preferred securities investment management services within its endowment.
A Great Lakes pension plan has been scheduled to review a short-duration high-yield fixed-income manager search at an investment committee meeting scheduled for next week.
A Southwestern pension plan is reviewing potential high-yield fixed-income manager alternatives.
