A Midwest-based deferred compensation plan is looking for passive equity and fixed-income managers.
A deferred compensation plan on the West Coast will consider issuing RFPs for core investment funds and a stable value fund manager.
A pension fund in the Northeast has reissued its RFP seeking passive investment managers.
Expectations for the equity and bond markets in 2020 continue to be cautiously optimistic after a 2019 market that left bearish investors wishing they had kicked that sentiment down the road a year or two.
While many do not expect the market to perform in 2020 quite like it did in 2019, nonprofit investors are still not expecting their real spending targets to come under heavy pressure in the near-term as they gauge the economic cycle and its ability to sustain its growth trajectory.
A Midwestern pension plan approved U.S. small-cap equity manager hires last month.
A pension fund in the Northeast will issue RFPs for passive large-cap equity managers in 2020.
A Western deferred compensation plan hired a passive domestic mid-cap growth equity manager last month.
A west coast pension fund disclosed two manager hires and three terminations this week.
A Southwestern pension plan liquidated an enhanced index mandate this week.