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Even if they generate a positive overall return, new research finds that a majority of U.S. pension funds are not on track to hit their assumed rates of return for 2023.
The firm hired a new research analyst away from Meketa Investment Group.
The $18 million 457 plan is seeking a record keeper.
Plan retained its incumbent in a search concluded in December.
The changes followed two separate asset/liability studies from general investment consultant Verus.
Plan is seeking general investment consulting services due to the impending contract expiration of its incumbent.
The commitments include two first time managers for the plan.
The fund surpassed its initial $400 million fundraising target.
The authority hired two investment advisors following an RFP search process.
The health network’s cio will step down from the role at the end of the month to pursue their “next opportunity and set of professional challenges,” while two portfolio managers were named as interim co-cios.
