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Real return is the $76 billion plan’s best-performing asset class.
The trustees of the massive trust fund, commonly known as LACERA, have taken hundreds of trips across the country and overseas in recent years, excursions that have cost the fund more than $1.3 million since 2015, according to a Times review of internal documents.
Stamford Associates is a leading London-based global investment advisory firm, that creates a unique edge by (among other things) integrating behavioral psychologists into the investment analyst teams.
Columbia Threadneedle Investments has appointed Stuart Jarvis as a senior research director.
A California county has issued an RFP for deferred compensation plan services.
A Southeastern city has issued an RFQ seeking retirement plan consulting services for its retirement programs.
A Midwest city is scheduled to approve a hire in its investment management services search later this week.
Middle-market private equity firm Gemspring Capital has added two new hires to its investment and operations teams.
A Pennsylvania township has issued an RFP seeking investment advisory and custodial services for its pension plans.
Kudu Investment Management acquired a passive minority interest in wealth management company First Long Island Investors last week.