Non-U.S. & Global Equity
A fund based in the Great Plains region will consider replacing two emerging markets equity managers and an international small-cap equity manager at its board meeting today.
Plan approved a new international equity portfolio that will result in new managers.
They will provide investment analysis of emerging market equities.
He will be responsible for managing and further diversifying Eastspring’s equity strategies.
The plan added an allocation to global equity through the liquidation of another portfolio.
Plan has issued an RFP for international equity managers after approving the search last week.
The plan invested $1.2 billion total in three global growth equity managers during the second quarter.
Glovista manages global emerging market equities and global tactical asset allocation strategies.
Plan has begun a search for passive investment management providers.
Plan will consider multiple mandates and ensure that diverse-owned firms are included in a search process approved at today’s meeting.