Passive Fixed-Income
The plan will look to evaluate the marketplace for lower management fees, with an emphasis on Collective Investment Trust vehicles.
The plan chose the firm over finalist State Street Global Advisors and committed to three private equity managers this week.
Plan is looking to fill a new $700 million allocation to global credit and conduct due diligence on its passive investment managers.
The plan rehired its index provider to manage five mandates.
A Midwestern pension plan approved a new fixed-income portfolio structure today.
The plan will interview two finalists in its index provider search later this month.
Plan will see a firm for passive U.S. and non-U.S. equities, fixed-income and real assets investment management services.
The plan hired two passive investment managers at a board meeting last week following interviews.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
A Northwestern 457 deferred compensation plan terminated three investment managers to simplify its investment menu.
