Passive Equity
Plan moved a domestic small- to mid-cap equity mandate to a passive account and added a real estate commitment.
The plan is conducting the search after voting to consolidate three existing index portfolios into a Russell 3000 Index.
A system based in the West is expected to receive a staff recommendation to transition the management of its endowment to a single outsourced cio provider this week.
The plan will conduct three equity manager searches to potentially replace existing mandates.
The plan is searching for active all-cap growth managers and passive equity managers.
The plan terminated sustainable equity manager Neuberger Berman, which had been on watch.
The plan moved its four index funds with Vanguard Group to index funds with Fidelity Investments.
The plan hired a global tactical asset allocation manager at its May meeting.
The plan is searching for index managers to handle $8.8 billion.
A Midwestern state plan hired a new international equity manager following a shortlist search.
