International / Global / Emerging Markets
A Mississippi plan made a value-add real estate commitment with an existing manager at its board meeting today.
A pension fund on the West Coast has terminated two underperforming managers.
A pension fund in the Mid-Atlantic region has hired a new emerging market debt manager after interviewing three firms.
He will continue overseeing the China fund he managed at Dymon Asia.
The pension fund committed up to $15 million total to two funds and also discussed a work plan for its traditional assets, opportunistic debt, real estate and hedge fund allocations at a meeting today.
A New England pension plan hired two firms to replace an international value equity mandate with LSV Asset Management.
Portfolio Manager Nick Timberlake has left HSBC Global Asset Management, a spokesman confirmed, in an e-mail.
A Northeastern pension plan made a hire in its search to replace domestic small-cap value equity manager Fisher Investments.
A Texas-based pension plan opted for a new manager to fill its maiden emerging market debt allocation after significant changes at last month’s original selection.
A plan in the Great Plains region added two new firms in a move toward global equities and TIPS at a meeting last week.
