International / Global / Emerging Markets
A university in New England has added new international equity managers following an asset allocation study.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
The fund provides access to private equity managers and investors in Europe and Asia.
The new liquid multi-sector manager will handle a roughly $375 million mandate for the plan.
The plan has issued its RFP seeking international small-cap equity managers.
U.S. pension plans are being called on to review the Russian exposure within their investment portfolios as federal mandates sanctioning Russian financial institutions continue to expand.
The plans expect to issue a third-party administrator RFP in the second quarter and recently decided to replace emerging markets core equity manager Lazard Asset Management.
His responsibilities will be assumed by other team members.
The plan was informed of the termination of an international developed equity manager within its program today.
The plan is looking to fill an underweight to the asset class within its portfolio.
