Defined benefit plans had a banner year in 2025, driven largely by higher equity exposure, according to a new report.
A majority of institutional asset managers are using artificial intelligence as a resource to boost efficiency and improve accuracy within the RFP process, according to a new report from Cerulli Associates.
The retirement system received six proposals in response to an RFP issued last year.
The retirement system approved three real estate commitments totaling $45 million this week.
The retirement fund also terminated a Russell 1000 Growth Index fund manager today.
The authority is seeking a firm to manage its “core $80 million fixed-income bond portfolio.”
The retirement association was notified of credit, private equity and real estate commitments last week.
The city expects to issue an RFP and evaluate proposals by the plans’ May 7 board meeting.
The plan will continue to manage its investments in-house.
The retirement system terminated its sole public diversified real assets manager last month.