Passive Equity
A West Coast city deferred compensation plan will issue RFPs for core investment managers and a stable value manager.
A Great Lakes-based pension plan has invested in a defensive equity index fund.
A Northeastern pension plan has issued its RFPs for passive domestic large-cap equity managers.
A pension fund in the South has terminated multiple active managers in favor of index funds.
A pension fund in the West Coast has terminated two non-U.S. equity managers in favor of passive management.
A Sooner State pension fund terminated two domestic mid-cap equity managers as part of a portfolio restructuring.
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.
