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The plan will terminate its commodity manager and exit the asset class entirely due to low return expectations.
Pathway Capital Management added a senior v.p. responsible for client servicing and business development last month.
A Midwestern pension plan is slated to review the RFP at an investment committee meeting later this month.
Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
Top endowments showed strong returns in 2020 because of bias toward technology in both public and private markets and other factors.
A plan based in the Midwest has adjusted its investment manager lineup.
A fund based in New England has issued an RFP seeking a record keeper for its retirement plans as it looks to implement a single provider configuration.
Advisor’s management team will join a new platform at the private credit firm.
Plans based in the South are searching for a firm to provide program manager services due to the impending contract expiration of its current provider in the third quarter.
A foundation for a Mid-Atlantic-based university has named its next ceo following a search for the position from last year.