Equity

Domestic Equity
Northeast Pension Terminates U.S. Equity Manager; Discloses Commitments

The pension plan liquidated its approximately $210 million domestic small- to mid-cap growth equity and made commitments totaling $120.5 million in November.

01.04.24
Asset Study/Review
Michigan Pension Revamps Asset Allocation

The asset allocation changes resulted in several manager hires and terminations at the retirement system’s November meeting.

01.04.24
Small-Cap
Boutique Investment Mgmt. Co-Founder Passes Away

The co-founder of a small-cap growth specialist firm died last month due to complications from a previous illness.

01.04.24
Insights
Nonprofit News Special Report 2024: Traditional Investments Outlook

2023 was supposed to be a down year for foundations and endowments with a potentially recessionary environment, however, equity and bond returns came out in the green, thanks in part to strong fourth quarters, leaving investors and allocators with a more optimistic outlook for their portfolios entering 2024.

01.04.24
Asset Study/Review
Southern Institution Revises Strategic Asset Allocation

The institution revised its strategic asset allocation last year, increasing its allocation toward growth assets like public equity and private equity.

01.03.24
International / Global / Emerging Markets
New England Pension Terminates Global Equity Mgr.

The manager was placed on watch last year for underperformance.

12.22.23
Non-U.S. & Global Equity
Southeast Plan Approves Int’l Small-Cap Core Search

The pension plan will consider potentially replacing its international small-cap core equity manager due to underperformance.

12.21.23
Equity
Rocky Mountain 457 Shakes Up Equity, FI Portfolios

The deferred compensation plan recently made several changes to both its equity and fixed-income portfolios.

12.21.23
International / Global / Emerging Markets
Polen To Acquire Somerset Capital Funds

Somerset had been in advanced talks to transfer its top performing funds to a new investment advisor.

12.21.23
Non-U.S. & Global Equity
Northeast Pension Plan Terminates Global Equity Manager; Makes Commitments

The pension plan liquidated an approximately $237 million global equity mandate and made commitments totaling $1.4 billion in October.

12.20.23