Extensive and timely coverage of the institutional industry.
The pension plan created stand-alone target allocations for real estate and infrastructure and recently added a new member to its investment staff.
The plan committed to three real estate funds for pacing purposes.
The pension plan decided to stick with its incumbent at a meeting this week.
The pension plan will consider potentially replacing its international small-cap core equity manager due to underperformance.
The deferred compensation plan recently made several changes to both its equity and fixed-income portfolios.
The fund concluded searches launched in January.
Somerset had been in advanced talks to transfer its top performing funds to a new investment advisor.
The plan’s cio departed less than seven months after joining in the role.
Institutional investors are bullish on private market investments as the rapid development of artificial intelligence technologies signals future growth in the economy despite looming geopolitical risks, according to a recent survey.
He joined the plan as its first ever cio in 2005.