Small-Cap

The plan will review an asset allocation study that may introduce two new sub-asset classes next month.

A 529 plan in the South hired a replacement domestic small-cap value equity manager and removed a domestic equity manager from its watchlist at its second quarter board meeting.

The plan terminated the firm after placing it on watch for underperformance last year.

The search is to replace a previously terminated manager due to performance reasons.

The plan is searching for domestic small-cap value equity managers as its incumbent underperforms.

Two Southeastern pension plans approved domestic small-cap equity manager changes at today’s board meeting.