The plan replaced two domestic large-cap managers and consolidated its small-cap portfolio into a small- to mid-cap core allocation.
The pension fund swapped out an active large-cap value equity mandate for a passive one in the second quarter.
The deferred compensation plan terminated an underperforming domestic large-cap value equity manager in the second quarter.
The retirement system replaced three underperforming domestic equity managers in the fourth quarter.
The retirement fund is conducting the search due to underperformance from its incumbent domestic large-cap value equity manager.
The trust may have transitioned its two active international equity investments to a passive non-U.S. core index fund.
The pension plan terminated two domestic equity managers in the second quarter.
The board also disclosed a private equity commitment at today’s investment committee meeting.
The retirement system recently replaced its domestic large-cap value equity manager due to underperformance.
The retirement system shifted its active domestic large-cap growth equity mandate to an existing index fund investment.