A West Coast plan will review criteria and a timeline in an expected shortlist search for domestic large-cap value equity managers next week.
Assured Guaranty U.S. Holdings Inc. has entered into an agreement to acquire global credit alternatives manager BlueMountain Capital Management for approximately $160 million.
A Southwest pension plan will conduct a search for a new cio following last month’s hire of an executive search firm.
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.