A Mid-Atlantic pension plan approved a new dedicated allocation to the Term Asset-Backed Securities Loan Facility program and two investments to fill it at yesterday’s board meeting.
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 Southern-based plan will consider searches for domestic core fixed-income, inflation protected securities and non-U.S. equity passive index services over the course of the next year.
Nonprofits should focus on the purpose various alternative asset classes serve in their portfolio across market cycles as the unprecedented bull market continues into 2020, industry experts say.