International / Global / Emerging Markets
The trust will also consider a core-plus real estate manager in May.
The plan hired a new emerging markets equity manager this month, replacing an underperforming incumbent.
A Texas-based deferred compensation plan will review emerging markets equity managers to replace its incumbent mandate this week.
The plan expects to add eight additional non-U.S. equity managers over the next two months.
The retirement fund invested roughly $24 million with a new emerging markets equity manager last quarter.
The plan also eliminated its global equity and emerging market debt targets.
The plan interviewed a total of four finalists at a board meeting yesterday.
The plan hired a new international equity manager at today’s board meeting.
The plan’s current international small-cap equity manager has been on watch since early 2023.
The plan hired a new international equity manager at its meeting last week.