Fixed-Income
The search was recommended to explore the space for a new core fixed-income manager.
The town opted to maintain its current strategy of investing in the local government pool over hiring an external manager.
The pension system will interview three recommended finalists at its March 6 board meeting.
The retirement plan also terminated a core-plus fixed-income manager.
The retirement system agreed to hire a new core fixed-income manager at today’s meeting.
The treasury will issue an RFP next year for its liquidity and reserve accounts.
The retirement system is seeking one or more managers to handle a mandate expected to range from $200 million up to $400 million.
The pension system will hear a recommendation to interview three finalists in an ongoing active core fixed-income manager search.
Fund is seeking a firm to serve as co-fiduciary and provide full service non-discretionary investment consulting services for its private markets portfolio mandates.
The plan is seeking firms providing long-only convertible bond products and will consider U.S. and global strategies.