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Firm lifted out a five-member team to add a dedicated emerging market debt capability.
The board approved an initial allocation of $1 billion to emerging managers across multi-asset classes.
The plan adopted a new asset allocation policy following the finalization of its investment beliefs.
A 529 plan based in the West Coast approved replacing a strategy within its diversified fixed-income portfolio due to organizational issues at the firm at its November board meeting, according to a live webcast.
Person is responsible for leading the practice, working with wealth advisors and other market leaders.
A Southern fund approved adopting a certification of formation to create a special purpose governmental corporation at its November meeting.
A college based in the Mid-Atlantic region is shedding its private exposures to fossil fuel holdings within its endowment over the next 12 to 24 months.
A college in the Northeast will consider investments that support the transition to a green economy as part of its adoption of a new investment policy at its October board meeting.
A religious institution in New England is searching for a cfo to oversee all financial operations as well as its operating budget and endowment.
