A Northwestern pension plan hired a domestic small-cap value equity manager to replace its terminated mandate with Frontegra Asset Management at yesterday’s board meeting.
Endowments typically invest countercyclically by decreasing active risky allocations during the run-up to a crisis, such as the Global Financial Crisis, and then increasing these allocations as risky asset prices fall following the start of a crisis, new research shows.
The treasurer of a university in the Midwest left the institution last week and will soon join a university in the Northeast as its next treasurer following a search from earlier this year.
A Texas health network is seeking an investment consultant to provide analysis, advice, direction and general guidance on the fund structure, investment lineup, implementation and administration of its retirement plans.
A plan in a Southern state will hear replacement options for an international fixed-income manager and high-yield fixed-income manager next month due to performance concerns.
A Southern state treasury department has rehired an investment consultant on behalf of its 529 plan following a search from earlier this year due to the firm’s impending contract expiration.