A Northeast pension plan approved changes to its asset allocation last week.
A Wisconsin plan voted to terminate its exposure to an absolute return manager today.
A California pension plan will add two new asset classes to its strategic allocation this week.
A Texas pension plan will allow its investment consultant to direct staff on how to reallocate assets to within its policy ranges.
A Mid-Atlantic-based public pension fund reviewed a revised private markets pacing plan presented by its consultant at last week’s board meeting.
Midwest pension plans approved a maiden real estate commitment during the fourth quarter.
A Texas city made a hire in its retirement plan consultant search last month.
Even with investment gains Tuesday, Georgia’s giant teacher pension system, which sends checks to 133,000 retired educators each month, has lost $15 billion this year in the wake of the stock market crash caused by the coronavirus pandemic.
A Northeast pension plan will receive hire recommendations in its two domestic large-cap growth equity searches.
A Midwestern pension plan terminated its Master Limited Partnerships manager last week.