International / Global / Emerging Markets
The plan has one incumbent manager that has underperformed relative to its benchmark.
Plan is mulling a new allocation to global credit as part of a review of its fixed-income portfolio.
She will support growth of the firm’s $7 billion emerging markets equity strategy.
The plan does not have dedicated managers to either asset class.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.
Plan is seeking an emerging markets equity manager across the cap spectrum.
The plan will conduct seven manager searches beginning in January.
The plan hired two private debt managers at its board meeting yesterday and will consider making changes to its private equity portfolio next year.
The plan hired one traditional emerging markets manager and four private markets managers.
