Searches And Hires
A university based in the Midwest has launched a search for an investment advisor for its defined contribution plans.
The organization revised the asset allocation for its Balanced Pooled Fund in the fourth quarter, removing its diversifying strategies allocations to increase real estate and real assets.
The state treasurer’s office retained its incumbent sustainability-focused investment consultant following a search from earlier this year as the incumbent had reached its statutory 10-year maximum term.
The authority has issued an RFQ seeking firms that provide investment accounting, investment performance and analytics and investment policy compliance software for its two portfolios totaling roughly $24 billion.
The university has reissued an RFP seeking a firm to provide investment management services as well as review its investment policy and asset allocation after launching a search in the first quarter.
The selected firm will provide investment strategy and portfolio management, among other responsibilities.
Meketa Investment Group currently provides the services for the retirement system.
The advisor will assist with reviewing, developing and monitoring investment options.
The plan also terminated two underperforming domestic equity managers.
The plans received three proposals in response to an RFP issued in February.
