The city is seeking an investment advisor for its two deferred compensation plans.
The plan interviewed three finalists in the search at a special meeting yesterday.
Fourteen U.S. institutional investment consultants have established a joint working group to promote and advance sustainable investment practices industry-wide.
The plan received presentations from two finalists in its passive investment manager search at a meeting today.
The New Jersey Division of Investment’s direct and cio will depart to join a Virginia-based organization next month.
The plan will conduct a search to replace a manager that decided to discontinue its fund.
The plan’s new investment consultant expects to come back with a full review and recommendations at its August board meeting.
The plan selected two finalists to interview after reviewing a search report at its board meeting yesterday.
The plan added a large-cap growth manager to complement existing manager Sawgrass Asset Management.
The plan’s general investment consultant will conduct a search for a domestic small-cap equity manager to complement its small-cap value manager.