The retirement system made a change in international equity managers to better capture a balance between growth and value.
The retirement plan is screening for managers in the securitized credit, short-term investment grade and bank loan asset classes.
The retirement fund’s investment committee recommended a pair of terminations as part of several changes within its U.S. equity portfolio.
The city is seeking investment consulting services on behalf of its $36.1million OPEB fund.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.
The plan added a $60 million commitment to a new manager in May.
The firm removed the interim tag from a team member who had been leading global sales in the client service and marketing group since last June.
The oversubscribed fund closed at $2.35 billion in commitments.
The plan’s board will hear presentations from four domestic core fixed-income finalists next week.