Searches And Hires
The foundation switched to a large-cap core equity strategy with its existing manager from the firm’s dividend growth oriented strategy in an effort to create a more stable and diversified portfolio.
The town received three proposals in response to an investment advisor RFP issued in September.
The plan instructed its consultant to prepare an analysis of alternative firms to its incumbent core-plus bond manager.
The plan’s investment committee is recommending hiring two firms.
The deferred compensation plan received six proposals in response to an RFP issued in January.
The deferred compensation plan will conduct a search to add a complementary manager to its U.S. bond option.
The retirement system made three private equity commitments for pacing purposes yesterday.
Selected firm will handle services that include developing and implementing sound investment strategies.
The deferred compensation plan elected to remain with its incumbent record keeping and administration provider this week.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.