Fixed-Income
The foundation terminated an unconstrained fixed-income manager and reinvested the redemption proceeds with an existing firm at its board meeting in late September.
The deferred compensation plan terminated a stable value fixed-income manager to improve its risk/return profile yesterday.
The university recently increased its allocations to domestic equity and intermediate-term fixed-income following a recommendation from its outsourced cio, which completed an annual strategic asset allocation review.
A university based in the Midwest has launched a search for an firm to advise on its short-term fixed-income and cash portfolio.
The two firms will handle a total of more than $2.5 billion.
The retirement association conducted a search to potentially replace Western Asset Management.
The plan added the core-plus fixed-income asset class earlier this year.
The plan is looking to hire one firm to replace two existing fixed-income managers.
The search follows a structure review that calls for two core and core-plus managers.
The union pension plan is seeking core or intermediate government/credit managers.