News

Extensive and timely coverage of the institutional industry.

Non-U.S. & Global Fixed-Income
New England Plan Hires PIMCO For EMD Mandate

The firm will manage a hard currency mandate for the plan following the issuance of an RFP in the second quarter.

10.26.23
Administrator/Record Keeper
Michigan 457 Plan Taps New Bundled Provider

The retirement system approved a new bundled provider/record keeper following diligence and presentations from three finalists.

10.26.23
Surveys/Studies
Commonfund Makes Significant Progress In Portfolios’ Diverse Manager Hires: Report

Since beginning its diversity, equity and inclusion efforts in earnest nearly a decade ago, one investment advisor has made significant progress in having increased diverse manager hires in client portfolios to 45 firms from 10, while also having improved diversity representation in its workforce.

10.26.23
Trends
Artificial Intelligence Advancement Presents Opportunities For Emerging Managers: Xponance

Artificial intelligence could be a boon for emerging or diverse-owned investment managers, though the trend carries some risks, according to the firm.

10.26.23
Hedge Funds
Great Plains Fund Considers Adding Multi-Strategy HFs, Introducing Long/Short Int’l Equity

The fund anticipates hearing recommendations to add new multi-strategy hedge fund managers as well as introduce long-short active management in the international equity portfolio at its board meeting today.

10.26.23
People Moves
Northeast University Adds Two Investment Staffers

The university has hired a senior director of investments and associate director of investments from the previous employer of its cio as part of the buildout if its investment team.

10.25.23
Consultant/OCIO/Discretionary
Calif. 457 Plan Posts Consultant RFP

The search is being conducted as part of best practice purposes.

10.25.23
Consultant/OCIO/Discretionary
Northwest Pension Concludes PE Consultant Search

The retirement fund began a search in June due to contract expiration of its incumbent consultant.

10.25.23
People Moves
Rocky Mountain Pension Plan Hires RE Portfolio Associate

The pension plan’s new hire reports to Director of Real Estate C.H. Meili.

10.25.23
Emerging/Diverse Managers
Midwest Pension Shakes Up Emerging Manager Program

The pension plan shifted its emerging manager program to a U.S. small-cap equity mandate to increase its chances of achieving excess returns.

10.25.23