Asset Study/Review
A fund in the West approved new long-term policy benchmark targets for its portfolio that established symmetrical minimum and maximum ranges around the long-term allocation.
A plan based in the Northwest has hired a consultant to review its current investment policies and practices.
A university based in a Southern state has adjusted its asset allocation to enhance its expected return while maintaining diversification.
A foundation in the Northeast swapped emerging markets equity managers this year as it decided it was an opportune time to make the change.
The plan will conduct a detailed review of its emerging markets equity portfolio that will include small-cap candidates next month.
The plan made changes to its asset allocation at yesterday’s board meeting.
The plan disclosed a private equity commitment with an existing manager at its board meeting yesterday.
A 529 plan in the Midwest has swapped several underlying real estate and fixed-income strategies to help reduce fees.
University increased its public equity and private investment target allocations at the expense of fixed-income and hedge funds.
The plan approved a new asset allocation for its Core Trust Fund.