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The fund primarily invests in high-yield corporate bonds of varying maturities.
A Midwestern pension plan will consider approving a defensive equity search at this month’s board meeting.
The authority is searching for a consultant to advise on more than $9 billion.
Tim Stidham will lead the firm’s sales growth after joining from PFM Asset Management.
She will service discretionary and non-discretionary clients as a portfolio strategist and consultant.
The $65 million transaction is expected to close in the fourth quarter.
He is responsible for building and growing strategic distribution partnerships across the GFI channel in the U.S., EMEA and Asia.
The plan approved the hire of their new executive director at a board meeting today.
He will serve as a member of the firm’s investment and portfolio management committees.
The transaction is expected to close in the fourth quarter.