The push to divest U.S. institutional assets from Russian holdings has gained widespread adoption across the country – how to divest is the next hurdle investors face.
The hire follows the retirement of a long-time investment team member.
The plan expects to issue an RFP for the services this month.
The cio will oversee approximately $274 billion in assets from five pension systems.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
He will work with the Systematic team to articulate investment strategies and share investment information.
The firm’s founder and co-cio is assuming a new role as vice chairman.
She will expand the firm’s life science asset management function in the U.S.
Rastegar Adds Texas Fire Plan Administrator
The authority has issued an RFP seeking investment advisory services for its 457(b) and 401(a) plans.