The plan hired a familiar face to run an international large-cap equity mandate at today’s board meeting.
The plan will consider replacing Allspring Global Investments, which has been on watch due to underperformance.
The plan is looking for options to potentially replacing an existing underperforming manager.
The plan added a second large-cap value equity manager to diversify its portfolio.
The plan retained its incumbent domestic large-cap core equity manger after a search report presentation.
A university in New England swapped global equity managers and transitioned a domestic equity investment to a new strategy within its endowment in the fourth quarter.
The board will hear a presentation from the manager to address concerns raised by its consultant.
The board of trustees will discuss terminating its domestic large-cap growth manager.
The plan’s consultant will present alternatives to its incumbent domestic large-cap growth equity manager, which has seen underperformance.
Plan made a change in passive large-cap core equity providers last quarter.