International / Global / Emerging Markets
A Southern state plan will conduct a manager search as part of a newly approved global equity structure.
The plan is searching for a firm to handle more than $1.6 billion due to the contract expiration of its incumbent manager.
The plan issued two RFPs for managers to comply with procurement laws.
The plan is watching four firms due to underperformance and hired a new emerging markets equity manager.
The plan terminated an international large-cap equity manager as part of several changes to its overseas equity portfolio approved last month.
The plan terminated two existing managers and added commitments totaling roughly $912 million in October.
The plan will implement its recently approved asset allocation policy in three phases.
Plan will issue an RFP moving forward after approving a new global credit allocation last week.
Global investment manager launches sustainable emerging market debt fund focused on companies that positively contribute to the United Nations’ 17 sustainable development goals.
The city employees plan has an unfilled 7% target to emerging markets equity.
