Large-Cap
Plan will conduct a search for domestic large-cap value managers in light of organizational changes at an incumbent firm.
The new firm will manage an approximately $32 million portfolio previously run by Sawgrass Asset Management.
A Midwestern deferred compensation program terminated its domestic large-cap value equity manager at yesterday’s board meeting.
A foundation based in New England is creating a sustainable investment strategy before a top staff departs later this year.
The plan approved transitioning management of its three passive domestic large-cap equity mandates at a board meeting today.
His portfolio manager responsibilities will be assumed by other team members, the firm said.
A Southern pension plan consolidated its passive domestic equity portfolio at today’s board meeting.
The plan recently hired a domestic small- to mid-cap growth equity manager and terminated a domestic large-cap firm.
Plan will hear potential options related to its international large-cap value mandate due to the underperformance of its current manager.
The plan approved a $10 million investment in the manager at its board meeting today.
