Large-Cap
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.
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.