Daily Feed
A West Coast pension plan eliminated its commodities allocation last month.
There will be a lot of red numbers in upcoming quarterly investment reports for institutional investors. But for managers boasting (relatively) strong returns, how to spread the word at a time that many investors are dealing with not only declining assets but other immediate stresses in the portfolio and the workplace has become a quandary.
A Mid-Atlantic pension plan will conduct a search for its executive director and cio position over the next year.
A musicians pension fund settled a lawsuit on March 25 that claimed trustees made “risky” investments.
A Southern state teachers plan discloses private equity and real estate commitments.
Canada Pension Plan Investment Board has named Judy Wade as managing director and head of San Francisco and Adam Grosser as a senior advisor.
Ronald Lagnado has joined hedge fund manager Universa Investments as a director in the research department.
PIMCO has named Michael Davidson as a third portfolio manager on two of its local currency emerging market debt funds.
A Midwest plan terminated an opportunistic manager and plans to conduct a replacement search.
A New England pension plan has issued its private equity consultant RFP.