Passive Equity
A Florida pension plan has approved a new public market portfolio structure that will see the elimination of five existing active managers as part of changes aimed at reducing duplication and increasing liquidity and reduce fees.
A pension fund in New England has begun a search for a Russell 2000 Growth Index manager.
A Mid-Atlantic pension plan added an active domestic large-cap equity mandate this month.
A Midwestern pension plan hired an active international equity manager to replace a passive mandate earlier in the quarter.
A Virginia pension plan will hear private equity recommendations later this year as part of a pacing plan reviewed this week.
A Northwestern pension plan is considering options for its active domestic large-cap value equity mandate and large-cap allocation at large following discussion yesterday.
A Southwestern fire pension fund added a high-yield fixed-income investment and eliminated its low volatility equity mandate this month.
A Windy City plan disclosed the name of a recently terminated international equity firm at today’s board meeting.
A Southwestern pension plan is scheduled to finalize hires in an ongoing venture capital search at tomorrow’s board meeting.
A pension plan in New England has begun a search for a defensive index equity manager.
