Searches And Hires
The retirement system swapped out managers for its roughly 3% target to the asset class.
The city has issued an RFP for investment management services.
The plan interviewed a total of three firms in its international growth equity manager search.
The pension plan approved a new asset allocation policy that introduced five targets in the fourth quarter.
Two anonymous private pension plans are seeking core-plus fixed-income managers.
The plan interviewed a total of five finalists at yesterday’s board meeting.
The internal investment pilot is part of the board’s efforts to enhance investment outcomes.
City council approved the hire of the plans’ first investment consultant after receiving five responses to an RFP issued in October.
The search for each retirement plan is due to state statute requirements.
The commitment represents a new relationship for the city’s three pension plans.