A Midwestern pension plan will hear recommendations to hire two new emerging managers-of-managers to run separate international equity and fixed-income allocations at tomorrow’s board meeting.
A Florida employees retirement system terminated a manager from a nearly $10 million portfolio due to performance issues and also added a new preferred securities investment at its meeting yesterday.
A Chicago pension fund will have further discussions on its international small-cap equity portfolio at its September meeting. The plan also placed two managers on watch at its meeting yesterday.