Fixed-Income
The search is due to unexpected departures at plan’s incumbent emerging market debt manager.
The plan will interview three firms at a specially called meeting next month.
A plan based on the West Coast added a bank loan strategy as part of the adoption of a new asset allocation last month.
Brown Advisory has appointed a fixed-income ESG analyst to expand its new global sustainable fixed-income team, the firm announced.
The changes include two new portfolio managers, two portfolio specialists and a new head of municipal bond research.
The plan will begin a private equity manager search with a focus on secondaries.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The current CIO will retain his role as head of Fixed-Income.
The plan terminated its sole reinsurance manager in May.
Plan will hire a new core fixed-income manager after narrowing a search to three finalists.