Large-Cap
The plan will consider shifting its active international large-cap equity manager to a passive option this week.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.
The plan is conducting the domestic mid-cap core equity search due to portfolio management changes at its incumbent, while the large-cap growth hire was made following an RFP issued last year.
The plan hired an additional domestic large-cap growth equity manager after finalist interviews held at its board meeting today.
Plan consolidated its manager roster into a smaller group of firms following approval of a new asset allocation recommended by its consultant last month.
Plan terminated active large-cap value and small-cap growth strategies with a single manager this week.
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 made hires for its large-cap and small- to mid-cap searches.
Mid-Atlantic Plan Seeking Active Equity Managers
A plan based on the West Coast added a bank loan strategy as part of the adoption of a new asset allocation last month.
