Searches And Hires
The trust’s incumbent consultant is on a six-month contract.
The plan will soon issue RFPs for a stable value fund manager and a record keeper.
The search is due to the contract expiration of Empower Retirement.
The search is due to the contract expiration of incumbent Innovest Portfolio Solutions.
The plan expects to further discuss an international developed markets equity manager search at its upcoming board meetings and recently disclosed five private equity commitments.
The plan is seeking non-core real estate, farmland, timber and infrastructure strategies to fulfill an up to $400 million mandate.
The plan has issued the RFPs after approving the searches last month.
The plan will search for a new core-plus fixed-income firm after recent asset losses and a change in ownership experienced by its incumbent manager.
The plan approved RFPs for short-term TIPS, long-term government bond and short-term investment grade bond managers at a meeting held last month.
Plan will potentially launch an RFP for an emerging markets equity manager after adding a second firm to diversify its exposure to the space this week.
