A city pension fund in the Mid-Atlantic region has begun drafting an RFP for a general investment consultant due to the expiration of its incumbent provider.
Guiding Defined Contribution (DC) plans through economic cycles is challenging enough without harsh headwinds from a global health crisis. But more plan sponsors are getting invaluable expert help to navigate through current challenges while keeping a long-term perspective.
The surging second quarter markets have left institutional investors breathing a sigh of relief as year-to-date and fiscal year numbers—while still not ideal—become more digestible after a gut-punch first quarter.