Large-Cap
A university in New England swapped global equity managers and transitioned a domestic equity investment to a new strategy within its endowment in the fourth quarter.
The board will hear a presentation from the manager to address concerns raised by its consultant.
The board of trustees will discuss terminating its domestic large-cap growth manager.
The plan’s consultant will present alternatives to its incumbent domestic large-cap growth equity manager, which has seen underperformance.
Plan made a change in passive large-cap core equity providers last quarter.
The plans made a hire in their search for a new domestic large-cap value equity manager this month.
Plan approved a new asset allocation as continues work toward separating its assets from the state’s division of investment.
The fund is looking for emerging managers-of-managers to handle domestic small-cap and large-cap equity portfolios.
The plan will use active management in the large-cap value space.
The plan rehired one incumbent equity manager and moved another manager’s mandate to a passive portfolio.
