Daily Feed
A Midwestern plan agreed to conduct a venture capital search and added two commitments at its board meeting yesterday.
A West Coast city is seeking an investment advisor to assist with a record keeper RFP search for its deferred compensation and retirement health savings plans.
A Southern pension plan will consider a recommendation to consolidate portions of its passive domestic equity portfolio at its board meeting in March.
Firm’s new chief marketing officer joins from a local equity manager.
He replaces the previous investments chief, who left the plan in September.
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.
