Consultant/OCIO/Discretionary
The city has rehired its investment consultant on behalf of its $115.3 million 401(a), $66.7 million 457(b), $33.8 million OPEB and $388,760 Retirement Health Savings plans.
The hire concludes a shortlist search that resulted from a global equity restructuring last month.
A foundation affiliated with a university on the West Coast has hired an outsourced cio provider, replacing its traditional investment consultant.
A new paper highlights how a dual outsourced model introduces challenges in governance, operations and portfolio management that most institutions are not equipped to control.
A housing and an economic development government entity is looking for a consultant to study and recommend prospective projects.
The pension fund approved the searches at last week’s board meeting.
Searches for high-yield fixed-income managers and a general investment consultant were approved at today’s board meeting.
The retirement system will interview three general investment consultant finalists next month.
The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.
The search is being conducted ahead of its incumbent’s contract expiration.