The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
Plan will issue an RFP for bank loan managers following approval at this week’s board meeting.
Plan has begun a search for passive investment management providers.
Plan made a change in emerging market debt managers in the second quarter.
He will provide ESG, macroeconomic and political analysis of Latin American countries.
The transaction is expected to close early next year.
The new appointments include one senior portfolio manager and two analysts.
They will help manage the Asian income and diversified income bond funds.
He will lead a team responsible for over $46 billion in assets under management.
The plan will conduct an international small-cap equity manager search as part of a new asset allocation.