Daily Feed
The new hire will spearhead the New York-based firm’s research and investment strategy development.
He is responsible for scaling up the firm’s institutional sales presence in Florida and the national marketplace.
The six board members calling for the termination of the plan’s executive director and cio have withdrawn their motion.
A plan in the Midwest will seek board approval of scheduled transition and passive management RFPs next month.
The program will receive presentations from the finalists at an upcoming board meeting.
The plan will hear from two finalists for a second round of interviews.
The new CIO will lead the firm’s global equity platform and oversee investment teams.
The plan selected two firms to mitigate future volatility.
He will be responsible for selection of affiliated managers, product selections, team lift outs and assessing sustainability of fees and demand.
They will help manage the Asian income and diversified income bond funds.