Fixed-Income
The new manager will split the plan’s fixed-income portfolio with its existing core manager.
The plan adopted a new asset allocation that also eliminated risk parity and more than doubled its hedge fund target this week.
The pension plan’s investment committee approved four commitments totaling $275 million last week.
The pension fund hired two core fixed-income managers to split the mandate of its incumbent.
The RFPs are a result of a new asset allocation approved in May.
The foundation is searching for a director to evaluate, recommend and monitor investment opportunities across public markets, including global equity, marketable alternatives and credit.
The city last conducted a search for the services in 2020.
The county is seeking one or more domestic fixed-income firms to manage a portion of its operating and sales tax portfolios.
The retirement system is seeking firms to handle a total allocation up to $1.2 billion.
The organization has hired a director of public markets to oversee its public equity and fixed-income portfolios.
