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The plan expects to conduct three total searches this year as part of a search scheduled from its consultant.
Plan is seeking global low volatility equity managers to handle a 5% allocation to the asset class.
The transaction is expected to close in the second quarter.
Firm is seeking information on China, China A shares and emerging markets Asia long-only equity strategies to broaden its database of managers.
He will assist with business development, new investment opportunities and growth strategies.
Investment managers will be increasingly judged on their client engagement and interaction as the industry continues to undergo a digital transformation brought on by the COVID-19 pandemic, according to recent research.
A 529 plan in the West has hired a new program manager for its advisor-sold plan.
Person heads the firm’s Hong Kong office and leads investment analysis and due diligence.