Searches And Hires
The plan hired a new domestic small-cap equity manager last month, replacing a terminated incumbent manager.
The plan hired a multi-sector credit manager after increasing its target to the asset class last year.
The plan hired both incumbents in its international equity manager searches.
The organization has issued an RFP seeking advisors to provide management advice and consultation for its employee retirement 401k account(s) on a non-discretionary basis as it puts the services out for bid periodically.
The foundation is seeking an investment advisor for its endowment as its bylaws require the services be placed out for bid every seven years.
The retirement system committed to funds with two new manager relationships last week.
The retirement system introduced TIPS and eliminated its low volatility and public real assets targets as a result of a new asset allocation policy.
The county terminated its outsourced cio yesterday due to underperformance.
The search for due diligence purposes and the plan currently has three incumbent managers.
The retirement system is monitoring its domestic small-cap core equity manager for performance reasons.