Domestic Equity
Incumbent firm recently experienced a client loss that dropped its product assets below an acceptable threshold for the plan.
Plan will schedule interviews with three direct lending managers after hearing a search report review this week.
The plan is seeking a manager to handle $95 million in developed markets equities.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
The plan moved three of its index funds with Vanguard Group to index funds with Fidelity Investments.
Plan rehired its incumbent domestic large-cap growth equity manager following a search conducted by its consultant.
The plan will issue RFPs this year to comply with standard state procurement laws.
The plan will consider replacing Allspring Global Investments, which has been on watch due to underperformance.
The plan is looking for options to potentially replacing an existing underperforming manager.
The plan was slated to discuss potentially replacing an existing manager as part of a review at today’s board meeting.