Inflation Protection
The retirement system agreed to hire a new core fixed-income manager at today’s meeting.
The plan located in our nation’s capital approved a search for active international equity managers.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.
The searches follow a review of the overall asset class this week’s meetings.
The retirement systems also eliminated global low volatility and TIPS allocations earlier this year.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.
The health system is searching for an investment operations analyst to perform critical investment operations functions for all its investments, including retirement plan portfolios infrastructure and affiliated investment programs.
The plan hired two diverse-owned bond managers to complete a search launched earlier this year.
The plan is seeking diverse-owned firms to handle short-term TIPS and long-term U.S. government bond managers to preferably run the allocations in passive or enhanced index strategies.
The plan expects to conclude the search process in the third quarter.