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The plan disclosed four finalists in its shortlist search for emerging markets equity managers at a January meeting.
With Bitcoin (BTC) making waves and headlines worldwide in a bull run over the last several months, the institutional investment space is divided on the advantages and disadvantages that the “magic internet money” can bring to portfolios.
A Rocky Mountain pension plan liquidated a hedge fund-of-funds investment and moved the assets to existing global equity managers at a board meeting last week.
The plan added a new asset class after receiving an updated asset class assumption report.
The recommendation will come from its general investment consultant later this month.
Plan wrapped up its general investment consultant search following a pair of finalist presentations.
A California pension plan has launched an RFP for a private equity consultant.
They will be responsible for all business activities in Greater China, Singapore, Australia, Japan, India and Korea.
His responsibilities will be absorbed by existing team members.
They will support West Coast institutional investors and deliver the firm’s multi-boutique investment offering.