International / Global / Emerging Markets
A Wisconsin pension plan is targeting searches in private debt and defensive equity following approval of a new asset allocation last week.
The plan made selections following interviews with two firms due to underperformance from incumbent managers.
The plan selected three finalists in its shortlist search for an emerging markets equity manager at a meeting this week.
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.
A Virginia-based pension plan approved two commitments at its board meeting yesterday.
Plan’s investment advisory committee agreed to endorse a private markets consultant recommendation that will require full board approval later this month.
The plan is seeking developed market international equity products.
The hire follows the termination of an incumbent global fixed-income manager last year.
A plan based in the South is searching for firms to manage an international equity portfolio.
A fund based in the West received a global equity portfolio structure analysis from its general investment consultant last month.
