The plan rehires its value manager, believing it will outperform growth going forward.
The plan will not move forward with the hire after learning of personnel departures.
Plan consolidated its manager roster into a smaller group of firms following approval of a new asset allocation recommended by its consultant last month.
The plan is looking to hire a dedicated emerging markets equity manager to fill a structural underweight in the portfolio.
The plan is gearing up to search for a new international bond manager and expects to hire a new active large-cap growth manager next month.
The plan hired an international small-cap core equity manager at a meeting today to replace its incumbent firm.
A Virginia-based pension plan hired a hedge fund-of-funds manager to replace a previously terminated mandate.
The plan is looking to hire at least one manager and may also build a pool of managers for future allocations.
The plan has begun its search seeking global fixed-income managers.
A Mid-Atlantic plan disclosed six recent commitments at today’s board meeting.