Equity
The plan will consider replacing Allspring Global Investments, which has been on watch due to underperformance.
College and university endowments posted “dramatically higher” investment returns in fiscal year 2021, however, the institutions foresee inflation as a longer-term issue posing as a challenge to meet return targets, according to a recent study.
The plan was informed of the termination of an international developed equity manager within its program today.
The plan hired two managers for its evolving public markets portfolio
The plan reduced its exposure to international equity and will receive two buyout fund-of-funds manager presentations as part of an ongoing search.
A university in New England swapped global equity managers and transitioned a domestic equity investment to a new strategy within its endowment in the fourth quarter.
His fellow co-head will assume sole responsibility for the unit.
The plan terminated two small-cap equity managers as part of a newly approved domestic equity portfolio structure.
The index equity and tax-advantaged equity teams are joining the quantitative strategies team.
The board will hear a presentation from the manager to address concerns raised by its consultant.