International / Global / Emerging Markets
The plan hired a total of three firms in its non-U.S. equity searches.
The plan will consider hiring two new managers and signing new contracts with two existing managers next week.
The plans are looking to fill real estate and international equity mandates totaling $22.5 million.
She will direct the research process for growth securities.
The plan is conducting its first search for dedicated China public equity managers.
Plan’s investment committee will recommend terminations of an emerging market debt and an emerging markets equity manager at next week’s board meeting.
The plan is considering adding international value managers to complement its growth exposure.
Plan reached an impasse in contract negotiations with a firm originally selected in February.
The plan terminated an international equity manager last month due to underperformance and organizational concerns.
A plan based on the West Coast is consideration the addition of active equity managers as part of shift in portfolio structure.