A Midwestern pension plan will hear recommendations to hire two new emerging managers-of-managers to run separate international equity and fixed-income allocations at tomorrow’s board meeting.
A police pension fund tabled a decision on a domestic large-cap value equity manager search until its next meeting after reviewing a search report at its board meeting yesterday.
A Florida employees retirement system terminated a manager from a nearly $10 million portfolio due to performance issues and also added a new preferred securities investment at its meeting yesterday.
A Florida pension plan terminated its active large-cap growth and value managers at today’s board meeting and will discuss adding private equity to its allocation in November.