Searches And Hires
The pension plan’s general investment consultant will see its contract expire next year.
The retiree health care trust fund is interested in complementing or replacing its existing core-plus bond managers.
The retirement system will interview three firms at its board meeting tomorrow.
The plan eliminated its TIPS target as part of a new asset allocation policy approved in March.
The retirement fund will interview three finalists in its general investment consultant search next week.
The commitment represents a new manager relationship for the retirement system.
The plan expects to issue an award notice on July 18.
The retirement system diversified its domestic bond portfolio with the investment on April 1.
The association has issued an RFP seeking investment advisors for a newly established permanent endowment fund with an initial investment of $500,000 to $1 million.
The retirement fund also tabled a proposed value-add real estate commitment today.