Non-U.S. & Global Fixed-Income

Plan combined a pair of fixed-income allocations into a single core-plus mandate with a new manager.

Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.

A Texas-based pension plan opted for a new manager to fill its maiden emerging market debt allocation after significant changes at last month’s original selection.

A Great Lakes retirement system approved a direct lending commitment at the recommendation of its investment subcommittee at this week’s meeting.

A Great Lakes pension plan added a value-add real estate commitment this week.

A Michigan-based pension plan approved an investment grade fixed-income manager hire at today’s board meeting.