Core-Plus
The plan interviewed two firms earlier this month as it looks to replace Western Asset Management.
The plan also disclosed several alternatives commitments approved at a board meeting today.
A trust fund based in a Western state terminated one of its core-plus fixed-income managers during a recent meeting.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.
The pension plan replaced its global large-cap growth equity and domestic core-plus fixed-income managers in the second quarter.
The county deferred compensation and defined contribution plans swapped out an incumbent core-plus fixed-income manager under scrutiny from the SEC.
The retirement system added a trio of domestic core-plus fixed-income investments at last week’s board meeting.
The plan’s core-plus fixed-income mandate assets have been redistributed to other bond managers.
The foundation liquidated a core-plus fixed-income mandate and replaced two emerging markets equity managers in the third quarter.
The plan replaced the TCW Total Return Bond Fund at its Oct. 16 meeting.