The deferred compensation plan replaced its domestic core-plus fixed-income manager yesterday due to underperformance.
The deferred compensation plan will consider replacing its domestic core-plus fixed-income manager this week due to underperformance.
The plan also interviewed three core managers to potentially handle the mandate.
The plan is looking for a firm to handle up to $20 million.
The pension plan hired the manager as part of a new domestic equity structure.
The plan will receive recommendations to add managers to its watch list.
The deferred compensation plan will issue a record keeper RFP due to the upcoming contract expiration of its incumbent provider.
The plan deferred its core-plus fixed-income search to its January board meeting.
The retirement system hired two active domestic fixed-income managers and approved a structure for its new private debt portfolio today.
The retirement system will consider hiring two active domestic fixed-income managers and approving a structure for its new private debt portfolio this week.