Daily Feed
The plan is seeking a firm to provide investment advice and evaluate investment options.
The plan is diversifying its 10% international equity target by adding the new value manager to its existing growth manager.
The selected firm will manage the city’s investment portfolios on a daily basis.
The plan is conducting the search as part of a due diligence process and the incumbent was last rehired in 2010.
The plan approved commitments to two existing managers.
The plan is seeking active core and core-plus bond managers to handle roughly $125 million each.
The association has issued an RFP seeking an investment consultant to advise on its approximately $225 million in investments across 12 sub funds for standard due diligence purposes.
The university is searching for record keepers for its five defined contributions plans as it periodically reviews the programs and is considering consolidating to a single provider.
The search follows approval of new asset allocation policies, which introduced a 5% target to international small-cap equity for each plan.