A Florida pension plan funded a domestic small- to mid-cap equity manager at the start of the month.
An investment manager based in the Midwest will close its business.
A Chicago-based investment manager is closing, according to industry sources. The firm’s fixed-income team is joining Mesirow Financial, while any plans for its equity business are unclear.
A Florida-based general employees retirement plan is monitoring its domestic large-cap value equity manager due to performance concerns.
A California pension plan approved a follow-on real estate commitment this week.
An overwhelming majority of domestic investment advisors believe that the stock market hasn’t bottomed out yet, according to a recent survey.
A foundation based in New England has boosted its equities targets and approved a socially responsible investing policy.
A Great Lakes pension plan swapped domestic large-cap growth equity managers late last year.
A West Coast pension fund will halve the total number of firms in its global equity portfolio.
A general employees pension fund in Florida is concerned with the “significant underperformance” of its domestic large-cap value equity manager.