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Michael Townsend, administrator for the $21.8 billion Arizona Public Safety Personnel Retirement System, will retire later this year.
The city’s police and fire and general retirement systems will interview three fixed-income managers at next week’s joint board meeting.
The plan approved a private equity commitment at its board meeting this week.
Faith-based investments offer an untapped opportunity for advisors to better understand the needs of investors, where one registered investment adviser’s new research finds a mismatch in the awareness and usage of the strategies.
The university has adopted a socially responsible investing policy that requires the institution to consider environmental sustainability and social justice factors in its investment decision-making.
The retirement system committed to three existing manager relationships in the past two weeks.
The domestic large-cap equity manager was hired as part of the board’s U.S. equity 2.0 portfolio.
The global private investment firm recently invested $825 million in the insurance and asset manager to acquire a nearly 10% stake in the company.
The chief operating and financial officer will retire later this year after more than two decades of service, including helping the organization achieve values-alignment with more than 80% of its endowment.