Multi-Asset/Investment Advisor
The plan hired a new investment manager to handle an investment in a non-publicly traded financial security at the end of the third quarter.
The college selected a new investment advisor for its portfolio last year after issuing an RFP in the first quarter.
A fund in the South has issued an RFP seeking firms to actively manage investment funds, which are expected to include an estimated $100 million to $300 million, on a day-to-day basis and provide investment advice.
The city hired a firm to manage its $486 million portfolio in late December.
The four investment providers received the highest evaluation scores.
The plan will consider hiring five multi-asset credit managers and terminating five existing managers.
District hopes to make a selection in the search next month.
The search is due to the upcoming contract expiration of the plan’s incumbent.
The county rehired Public Trust Advisors for the services in 2019.
City is seeking an investment manager to maximize earnings safely while meeting daily cash flow needs.