Searches And Hires
The city’s police and fire and general retirement systems will interview three fixed-income managers at next week’s joint board meeting.
The retirement system committed to three existing manager relationships in the past two weeks.
The domestic large-cap equity manager was hired as part of the board’s U.S. equity 2.0 portfolio.
The search is being conducted ahead of incumbent RVK’s Dec. 31 contract expiration.
The plan is seeking a firm to actively manage its portfolio as well as advise on market conditions, risks and opportunities.
The university is searching for a firm to provide services for a portfolio that seeks to allocate to investments with a maximum maturity of 5.5 years and a maximum aggregate duration of no more than three years.
The tribe conducted a similar search for investment management services for its permanent and donation funds in 2019.
The system will discuss an implementation plan for the new asset allocation policy next month.
The commitment marks the retirement system’s third to the space in recent months.
The search is being conducted for best practices.