Consequences of climate change and stranded assets must be incorporated into investment portfolios as a risk factor to protect against future downside dangers.
A Midwest pension plan terminated its MLP and active U.S. large-cap equity managers.
A Northeast pension plan has selected short-term quality credit managers for interviews next month.
A Midwestern city pension plan will launch searches for both real estate and infrastructure managers.
A Midwestern state retirement system eliminated its real assets allocation at a board meeting held last week.
A Northwest state plan has concluded a search for emerging markets equity managers.
An East Coast pension plan will interview three hedge fund managers and four real assets managers in the next two months.
A Great Lakes pension plan disclosed new commitments at a meeting last week.
A city pension fund in the Great Plains has eliminated its commodities allocation while increasing its real estate targets.
A Northeastern state plan has terminated six firms as a result of a recently approved developed markets equity portfolio structure.