Enrique Chang, global cio of Janus Henderson Investors, stepped down as co-portfolio manager of its adaptive global allocation funds and related strategies on Jan. 28.
A Southwestern pension plan will review both its emerging manager program and an emerging markets equity manager at next month’s investment committee meeting.
The returns for U.S. endowments dipped in 2019 but rose for the 10-year period ending June 30 as the remnants of the financial crisis continued to fade into the past, according to the 2019 NACUBO-TIAA Study of Endowments.