Fixed-Income
The fund is looking to hire four global passive fixed-income managers.
The investment board also hired a new international growth equity manager.
The pension plans received seven submissions in response to a joint RFQ issued in October.
The plan approved the two manager searches at a board meeting yesterday.
The plan has issued an RFI for active quantitative investment management services.
The health care trust hired an additional core-plus fixed-income manager while swapping out another at this week’s board meeting.
The retirement system also selected finalists in its domestic core fixed-income manager search today.
The authority is seeking a firm to manage its “core $80 million fixed-income bond portfolio.”
The city expects to issue an RFP and evaluate proposals by the plans’ May 7 board meeting.
The retirement system terminated its sole public diversified real assets manager last month.