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Defined contribution plan sponsors are shifting their focus back to plan governance and process in an effort to navigate a challenging climate, according to a new survey from investment consulting firm Callan.
The retirement fund disclosed $85 million in recent commitments across private equity and real assets.
Meeder Public Funds announced this week that Moreton Asset Management has joined the firm.
The plan is seeking active and passive funds to handle $1.35 billion.
The firm hired a head of institutional, West coast to oversee all aspects of tis engagement with institutional asset owners in the region and drive new growth opportunities.
The acquisition of the global fixed-income emerging manager will strengthen Allspring’s presence, particularly in emerging markets.
Dominic Marshall will take on the president role in addition to his cio duties a part of the firm’s long-term succession planning.
The plan adds a deputy cio with previous experience at the California Public Employees’ Retirement System.
The retirement system interviewed three finalists for its general investment consultant search.
The search is due to the incumbent consultant’s upcoming contract expiration.
