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The plan approved its consultant’s recommendation to implement new equity asset class target weights approved in September.
Plan’s exposure to the cryptocurrency exchange represents less than 0.01% of the total portfolio.
The Korea Investment Corporation has taken a stake in direct lending credit manager Golub Capital, the sovereign wealth fund announced.
Traditional publicly traded U.S. asset managers have continued on a steady decline in revenue and assets for a third consecutive quarter.
The district is seeking third-party administrator services for its 403(b) and 457(b) plans.
The city decided to continue with its incumbent investment manager following a search launched in September.
The plan eliminated its $1.4 billion internally managed global REIT allocation to meet the objective of its real assets portfolio.
The firm added the former investment officer of a West Coast pension plan this month.
Plan’s investment committee selected one core fixed-income manager and one core-plus bond manager at today’s meeting.
The board of trustees will consider the placing plans at its Dec. 20 meeting.