Extensive and timely coverage of the institutional industry.
This medalist fund from RBC is making the most of EM investors in “despair” as discounts relative to developed markets widen.
The trust hired Invesco to manage the new asset class.
Plan’s decision to move all of its fixed-income assets in-house will reduce its annual fees.
Plan is searching for a firm to oversee its $50 million in cash and investments.
The fund has already committed or closed on $300 million in investments.
Investors look to emerging markets fixed-income for diversification and ESG prospects.
Plan first invested in the strategy in 2013.
The commitments include three first-time investments.
The plan hired one firm to handle both general investment and alternatives consulting services.
The authority is seeking an investment consultant for its pension plan.