Asset Study/Review
The health system is seeking consulting firms to perform a comprehensive evaluation of its investment practices, including analysis of current policies, procedures and performance outcomes, as well as performance.
West Coast plan surveyed its portfolio managers and found managers are broadly aligned on foundational policies on DEI.
The plan’s executive director also resigned last month.
The plan adopted a new target asset allocation that makes minor adjustments to its current policy at today’s board meeting.
The plan established a dedicated real assets target of up to 3%.
The university revised its asset allocation this month, increasing its target to alternative investments, as recommended by its discretionary advisor.
The retirement system also voted to recommend the liquidation of an international small-cap equity manager at today’s investment committee meeting.
The plan also eliminated its target to TIPS as part of an overall asset allocation change.
The prepaid college savings plan recently revised its asset allocation, reducing its target to Treasuries in favor of cash reserve funds.
The retirement system increased its private core real estate target in the second quarter.
