Passive Equity

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.

A Southwestern pension plan approved a new global equity structure and a hired a manager to fill a new passive component at today’s meeting.

A Southern pension plan will consider a recommendation to consolidate portions of its passive domestic equity portfolio at its board meeting in March.

The plan hopes to increase equity exposure without significant volatility.

A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.