Plan will conduct further due diligence on three emerging markets equity managers following review of an initial search report at this week’s investment committee meeting.
A Midwestern employees pension plan concluded the first phase of an ongoing search with the hire of two multi-strategy and two mezzanine opportunistic credit managers at today’s board meeting.
Russell’s first quarter survey of 50 bond and currency managers showed that 57% foresee a return to pre-pandemic levels of economic activity next year, with 42% expecting this to happen in the first half of the year.