Searches And Hires
The plan’s current high-yield managers are on watch for performance reasons.
The plan conducted a similar search for the services in 2017.
The plans’ current consultant was most recently hired in 2020.
The search is part of a state-mandated evaluation of existing managers.
The company had been exploring ways to best preserve and maximize its over-funded status.
The plan recently trimmed its active roster by one to fund the new hire.
The city is looking for an investment manager for its deferred compensation plan.
The plan recently considered increasing its fixed-income target as part of an asset allocation study.
The retirement plan committed to a fund-of-funds following finalist presentations at last month’s meeting.
The search is due to the impending contract expiration of the incumbent, which is welcome to rebid.
