High-Yield

High-Yield
Global High-Yield Head Exits Aviva

Two team members have been promoted as replacements.

06.10.21
Non-U.S. & Global Equity
Mid-Atlantic Plan To Conduct Int’l Small-Cap Search

The plan will conduct an international small-cap equity manager search as part of a new asset allocation.

05.28.21
Non-U.S. & Global Equity
Calif. Plan To Conduct Int’l Equity Mgr. Search; Tweaks EMD Portfolio

The plan agreed to conduct an international large-cap equity manager search and broaden its emerging market debt allocation at today’s board meeting.

05.14.21
Fixed-Income
Southern State Plan Makes Fixed-Income Hire

The plan hired a fixed-income manager to replace two underperforming incumbents.

05.11.21
Asset Study/Review
Calif. Plan Approves Real Estate Search

A California plan agreed to initiate a real estate search following approval of a new asset allocation policy yesterday.

04.28.21
High-Yield
Calif. Plan Concludes High-Yield Fixed-Income Search; Approves PE Commitments

The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.

04.16.21
Absolute Return
Northwest Plan Concludes Absolute Return Search

A Northwestern pension plan hired an absolute return bond manager to replace its terminated mandate with hedge fund-of-funds manager Castine Capital Management at yesterday’s board meeting.

03.04.21
Alternatives
New England Plan Approves Infrastructure, High-Yield Bond RFPs

Infrastructure represents a new asset class while the high-yield search is due to procurement rules.

02.23.21
Fixed-Income
Southern Fund To Allow Below Investment Grade Fixed-Income Investments

A fund in the South revised its investment policy statement to allow staff to internally invest a portion of its fixed-income allocation in BB-rated securities at a meeting last month.

02.11.21
Equity
Midwest Plan Shakes Up Equity, Fixed-Income Portfolios

A Midwestern plan made several changes to its equity and fixed-income portfolios as part of its transition to a new long-term asset allocation policy.

02.05.21