Large-Cap
A Southern pension plan will consider a recommendation to consolidate portions of its passive domestic equity portfolio at its board meeting in March.
A foundation-based on the West Coast approved a new target asset allocation increasing its targets to real estate, domestic large-cap equity and international equity in December.
The new manager will take over an approximately $86 million large-cap value strategy for the plan.
A Midwestern pension plan hired a new domestic large-cap growth equity manager last month.
The large-cap equity manager was first acquired by Morgan Stanley in 2011.
A Chicago annuity plan has terminated an $18 million liquid alternatives mandate.
A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.
The pension fund added an active manager to complement index fund manager RhumbLine Advisers.
A New England pension plan approved the hire of a new domestic large-cap value equity manager today after terminating its incumbent.
Plan’s RFP follows approval last month due to performance concerns related to the incumbent.
