Daily Feed
The new hire will help the firm develop new stressed and distressed credit strategies.
A Midwestern pension plan terminated a global tactical asset allocation manager last month after placing the firm on watch last year.
A Northeast water authority is seeking a firm to provide investment advisory and custodial services for its pension plan for standard due diligence purposes.
A county pension fund in the South made private equity commitments as part of its pacing plan and will look to add additional commitments.
The $5 million commitment was made last month following a presentation in August.
A Northeastern pension plan will interview two global low volatility managers this week as it looks to complement its existing manager in the asset class.
The global EMD team is assuming former responsibilities, the firm says.
Pictet Asset Management has opened a U.S. office to support its American institutional clients.
A Midwestern plan made three private markets commitments totaling $100 million last month.
A West Coast county is seeking bundled services for its 457(b) deferred compensation, 401(a) defined contribution and retirement health savings plans.