Mid-Cap
The plan is searching for international small-cap managers due to incumbent contract expirations.
A Southern pension plan will consider a recommendation to consolidate portions of its passive domestic equity portfolio at its board meeting in March.
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.
Plan approved a new domestic small- to mid-cap value equity manager hire at Friday’s meeting.
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 Southeastern pension plan will review a list of potential domestic mid-cap growth equity managers next year.
The plan concluded its domestic small- to mid-cap equity manager search after receiving a search report today.
A Southeastern pension plan approved moving 50% of its domestic small- to mid-cap equity portfolio to passive management at a meeting today.
A Southwestern pension plan placed a domestic mid-cap value “next generation” manager on watch at today’s board meeting.
The plans’ consultant said more discussions may be necessary if the firm’s strategies don’t outperform in a market favoring value during a meeting today.
