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A 529 plan based in New England has selected program and investment managers after a search.
A retirement plan investment office based in New York City has hired an investment associate.
Survey finds increased interest and adoption hedge funds and increase in defensive strategies and portfolio diversifiers.
The plan currently has a delegated investment services relationship with Willis Towers Watson.
New deputy cio previously held the same position for New York City’s Bureau of Asset Management.
The village will review proposals related to investment services for its $70 million in cash deposited in an insured cash sweep account.
He most recently served as a senior director in Butterfly Equity’s portfolio operations group.
The firm will see the retirement of one of five portfolio managers on its U.S. small-cap growth equity team at the end of June.
The plan will hire an additional firm in August as part of its multi-asset credit search.
A 529 plan based in a Western state has added two international equity funds to one of its investment option portfolios.