The plan terminated two of its international equity managers last month.
The plan hired two emerging markets equity managers and approved three private markets fund commitments.
A Midwestern pension plan approved a new fixed-income portfolio structure today.
The plan will conduct the search to replace an underperforming incumbent.
Plan will review better complements within the actively managed portion of its international equity portfolio.
The plan rehired one incumbent equity manager and moved another manager’s mandate to a passive portfolio.
A Midwestern state plan will consider eliminating its global equity allocation at a future meeting.
The plan approved an emerging markets equity manager search and new real estate pacing plan yesterday.
The hires require board approval next month and conclude an RFP process that began in March.
His co-managers will continue to oversee his two funds.