A Northwestern 457 deferred compensation plan terminated three investment managers to simplify its investment menu.
The plan will seek active mid-cap equity managers to handle up to $2 billion.
The plan selected a new firm due to the founder’s advantageous background.
The plan changed one of its international small-cap equity manager finalists for presentations next month.
A fund based in the Great Plains region will consider replacing two emerging markets equity managers and an international small-cap equity manager at its board meeting today.
The plan hired a manager to take advantage of an inefficient market.
The plan will interview three finalists at its October board meeting.
Plan hired a new active domestic small-cap value equity manager to replace an index fund investment this week.
The plan’s incumbent is on watch for underperformance.
A pension fund in the South concluded its consultant-led search.