A Southern pension plan approved the addition of a second real estate manager and is slated to increase its target to the asset class to accommodate it.
A California-based fund has issued an RFQ seeking fixed-income investment managers for two portfolios expected to initially total approximately $5 billion in bank and custody accounts.
A Tennessee 529 plan has dropped an investment manager’s domestic small-cap, domestic large-cap and international large-cap equity strategies as well as an inflation protected securities portfolio from its investment option lineup.