A pension plan in the Great Lakes region has added a new REIT allocation.
Pension plans are beginning to dump Master Limited Partnerships (MLPs) after losing patience with an asset class that largely has not lived up to expectations.
A Midwestern state retirement system eliminated its real assets allocation at a board meeting held last week.
A pension fund in the South has decided to exit the hedge fund and MLP spaces.
A Midwestern pension plan hired two firms to split a maiden infrastructure allocation last week.
A state fund in the Western U.S. altered its portfolio alongside changes to its investment manager rooster during a recent board meeting.
A Northeastern plan liquidated its Master Limited Partnerships manager in the first quarter due to underperformance.