Searches And Hires
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.
The plan also interviewed three core managers to potentially handle the mandate.
The plan also added a maiden global equity allocation target.
The college saving plan selected an investment consultant to assess its investments, provide input and analysis on investment options and advise on investment policy following the issuance of an RFP in the fourth quarter.