A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.
A Florida pension fund asked its consultant to conduct a search due to performance concerns with its incumbent global fixed-income manager at a board meeting today.
A state pension plan in the Great Lakes region disclosed first quarter alternatives commitments and is scheduled to review the results of an asset/liability study next week.