Searches And Hires
The plan approved the search last month to comply with state procurement requirements.
The plan also placed its core fixed-income manager on watch in recent months.
The current provider will see its contract expire next year.
The plan issued an RFP in December after its previous outsourced cio was acquired.
The foundation hired an investment consultant to provide non-discretionary services for its portfolio over three other firms after conducting an RFQ and RFP process last year.
The foundation terminated an unconstrained fixed-income manager and reinvested the redemption proceeds with an existing firm at its board meeting in late September.
The consultant will advise on four retirement funds.
The institution is looking to enter a contract with a firm to provide strategic, legal and programmatic consulting services for the 529 plans.
The deferred compensation plan terminated a stable value fixed-income manager to improve its risk/return profile yesterday.
A university based in the Midwest has launched a search for an firm to advise on its short-term fixed-income and cash portfolio.