Non-U.S. & Global Equity

A Texas-based pension plan made an emerging markets equity manager hire at this week’s investment committee meeting.

The plan hired two international small-cap equity managers following an RFP search.

The plan agreed to conduct an international large-cap equity manager search and broaden its emerging market debt allocation at today’s board meeting.

The plan approved a new target asset allocation at its board meeting today.

The plan may look to add international value equity, international small-cap core equity and global value equity managers as part of a public markets portfolio structure review.

The plan made changes to its non-U.S. equity portfolio from a search initiated in November.