Micro-Cap
The new CIO retains existing portfolio management duties.
The plan is open to core, growth and value strategies and will consider micro-cap managers.
Nonprofit investors are expecting positive but muted returns from the equity and bond markets in 2021 after their portfolios generated solid performance in a year that upended global financial markets and saw unprecedented volatility.
Foundations and endowments are taking a cautious approach to the markets and when to capitalize on upcoming investment opportunities the coronavirus pandemic will provide long-term investors.
A Midwestern pension plan has made a hire in its search for domestic micro-cap equity manager search.
A state pension fund in the South has concluded its emerging markets equity and domestic micro-cap equity searches.
