Plan added a fixed-income manager to its watch list today and has scheduled a presentation from an underperforming equity manager for next month.
The plan made minor increases to equity at the expense of fixed-income at its meeting yesterday.
The plan has been expected to issue an RFP for domestic small-cap growth equity managers.
The transaction is expected to close next quarter.
Plan wrapped up its general investment consultant search following a pair of finalist presentations.
The new CIO retains existing portfolio management duties.
A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.
The trust will consider active strategies for its maiden small-cap allocation.
A Rocky Mountain pension plan terminated its domestic small- to mid-cap core equity manager due to underperformance and personnel turnover.
The plan approved a hire at today’s board meeting following an RFP issued in December 2019.