A West Coast pension plan hired a new core fixed-income manager and terminated an emerging markets equity manager as part of a new international equity structure at today’s board meeting.
A Western public school fund has issued RFPs seeking a high-yield fixed-income manager and a firm to provide preferred securities investment management services within its endowment.
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.