International / Global / Emerging Markets
The plan will consider shifting its active international large-cap equity manager to a passive option this week.
The three new strategies provide U.S. investors first-time access to Vontobel’s $25 billion fixed-income boutique.
Plans add emerging markets equity and international small-cap investments for diversification purposes.
The plan will issue RFPs early next year for emerging markets equity and index managers.
The plan will hire five emerging managers-of-managers to oversee $1 billion.
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.
