A Southern pension plan approved the addition of a second real estate manager and is slated to increase its target to the asset class to accommodate it.
Nicolas Moreau will become ceo of HSBC Global Asset Management in September.
The MSCI Emerging Markets Index is down 11% from its recent highs, putting it in correction territory.
The collective unfunded pension tab for more than 600 downstate and suburban Illinois public safety funds grew by $1 billion to $11 billion, with the funded ratio recording its first decline since 2010, according to the latest figures submitted by the funds.
A city deferred compensation plan in the Southwest has concluded a search for its first investment consultant
A West Coast pension plan is scheduled to begin a search for international small-cap equity managers later this month.
A county deferred compensation plan in California has concluded its search for a domestic mid-cap value equity manager.
A pension plan in the Great Lakes region has made some structural changes to its emerging manager program.
Fed interest rate cuts raise prospect of a bigger push into riskier assets.
The State of Connecticut Treasurer’s Office has appointed Kevin Cullinan as its first chief risk officer.