The plan hired a fixed-income manager to replace two underperforming incumbents.
The plan will conduct a search to replace a manager that decided to discontinue its fund.
The transition will allow the co-ceo to focus more heavily on investments.
The plan’s new investment consultant expects to come back with a full review and recommendations at its August board meeting.
The plan selected two finalists to interview after reviewing a search report at its board meeting yesterday.
The TSW ceo will become ceo of Pendal’s U.S. business.
The plan added a large-cap growth manager to complement existing manager Sawgrass Asset Management.
The plan’s general investment consultant will conduct a search for a domestic small-cap equity manager to complement its small-cap value manager.
The plan will discuss private credit options as well as asset mixes at its August meeting.
The plan is conducting a replacement search after terminating its incumbent domestic small-cap value equity manager.