International / Global / Emerging Markets
The hires require board approval next month and conclude an RFP process that began in March.
A university in Canada approved a new benchmark allocation for its endowment in the 2021 fiscal year, significantly increasing its allocation to global equity.
The plan will consider shifting its active international large-cap equity manager to a passive option this week.
The three new strategies provide U.S. investors first-time access to Vontobel’s $25 billion fixed-income boutique.
Plans add emerging markets equity and international small-cap investments for diversification purposes.
The plan will issue RFPs early next year for emerging markets equity and index managers.
The plan will hire five emerging managers-of-managers to oversee $1 billion.
The plan has one incumbent manager that has underperformed relative to its benchmark.
Plan is mulling a new allocation to global credit as part of a review of its fixed-income portfolio.