Passive Equity
The Federal Thrift board has hired a second index provider for the first time.
A Michigan pension plan moved its emerging markets equity allocation to a passive investment at today’s board meeting.
A West Coast pension is conducting due diligence on a passive investment manager following a staff departure.
A Western fund will focus on building out its global equity allocation after increasing it alongside its private investment allocation last week.
A pension fund in the South has terminated a manager and will now go exclusively passive for domestic large-cap equity.
A Windy City pension plan will consider a passive equity RFP for minority- and women-owned investment manager moving forward.
An employees retirement system in Louisiana will discuss switching passive managers to lower fees at a future meeting.
A Northeastern pension plan has issued RFPs for domestic small-cap value equity managers as well as a passive index provider.
A pair of Midwestern pension plans approved transitioning their domestic large-cap equity allocation to passive.
A California county pension plan adopted a new domestic equity structure at yesterday’s board meeting.
