Extensive and timely coverage of the institutional industry.
The plan added a second large-cap value equity manager to diversify its portfolio.
The plan agreed to stay with Wilshire as its general investment consultant after interviewing two other finalists yesterday.
He will focus on acquisitions, capital formation and portfolio strategy.
The plan replaced its incumbent consultant, which it worked with since 2017.
SageView Advisory Group has served as investment consultant for the 457(b) deferred compensation plan since 2015.
The decision follows the plan’s review of 42 publicly traded shale oil and gas companies.
The plan disclosed recent commitments with four existing managers and one new manager at its board meeting today.
The new hire replaces Grant Hughes, who resigned last year.
T. Rowe Price Associates currently provides bundled services for the plan.
The plan retained its incumbent domestic large-cap core equity manger after a search report presentation.