News

The flattening of the U.S. yield curve is set to get a bit more fuel as U.S. pension funds will need to rebalance this month by moving $5 billion into fixed income and out of equities.

Jase Auby is responsible for one of the largest pension funds in the world.

In naming Vista for the second year in a row, Inc. recognized the firm’s continued track record of success in backing founders and their teams as well as highlighted it as a leader within the Software, Information Technology and Business Products and Services sectors, the firm said.

Plan is seeking emerging market debt managers to handle an allocation ranging between roughly $700 million and $1.12 billion.

The plan hired two infrastructure managers last week to handle its maiden 5% allocation to the asset class.

The plan will not move forward with the hire after learning of personnel departures.