International / Global / Emerging Markets
The termination, which was recommended by the plan’s general investment consultant, stems from performance reasons and a key personnel departure.
The plan took action on two search reports provided by its general investment consultant at its board meeting this week.
The pension plan terminated one of its international large-cap core equity managers due to underperformance.
The pension plan has directed its staff and general investment consultant to conduct a targeted RFP process to replace a terminated international small-cap equity manager.
The deferred compensation plan replaced its international large-cap value equity manager yesterday due to underperformance.
The pension plan has eliminated three asset classes as part of a newly approved asset allocation policy.
The plan approved the search following a quarterly performance review.
The plan hired two firms in its international equity manager search.
The plan swapped out an underperforming international equity manager at a meeting this week.
The plan approved a search last year to complement its existing international equity managers.