A Midwestern pension plan will launch an RFP for passive management services in the coming weeks.
The plan concludes its passive equity search and interviews private equity managers.
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.
A Rocky Mountain pension plan terminated its domestic small- to mid-cap core equity manager due to underperformance and personnel turnover.
Plan added public markets and private equity investments at last month’s board meeting.
Plan intends to approve an RFP for a index fund provider next month and terminated a global tactical asset allocation mandate at today’s meeting.
The plan appears to be seeking its first passive investments in equities and bonds.
The plan will also begin a search for a Standard & Poor’s 500 Index manager.
The plan will interview to active, concentrated firms to potentially replace its existing large-cap growth managers.