The plan is seeking a successor for its current executive director, who will retire at the end of the year.
Plan hired a systematic trend following manager after its investment committee had elected to table a decision.
The plan has issued an RFP seeking investment management services.
The plan will review an asset allocation study that may introduce two new sub-asset classes next month.
The plan is seeking a firm to advise and monitor plan assets and review investment managers, among other responsibilities.
The plan expects the RFP to be issued early next week ahead of the incumbent consultant’s contract expiration.
The search is due to the upcoming contract expiration of its incumbent.
The consulting firm outlined the 2020 results of its diverse asset manager initiative launched in 2018.
The plan approved three new private commitments at a board meeting today.
The plan will interview finalists in its search for dynamic bond managers at a future meeting.