Non-U.S. & Global Equity

New public equity policy targets will help the plan better align with the global marketplace.

Plan invested with two international equity managers and a direct lending manager yesterday.

Selected international large-cap growth equity manager will handle between $1 billion and $2 billion and the U.S. REIT manager will manage between $100 million and $200 million.

Global value hire will replace the plan’s existing passive global core equity mandate with Northern Trust Asset Management.

Investors favoring value investing do not need to only focus on small-cap stocks to access the value premium via long-only portfolios, new academic research finds.

The searches will go live on May 2.