Investment consultant Gray & Company is nudging a Michigan City pension client to undertake a new asset/liability study given interest rate uncertainty and low performance numbers.
International Equity: A utility workers retirement plan discussed one of its international equity managers last week and was directed to place the firm on its watch list.
U.S. Equity: The more than $520 million retirement fund based in the Missouri City of Clayton held discussions recently over what it expects from equity portfolio managers.
Real Estate: In addition to handing out nearly $600 million in private markets investments over the past quarter, the Madison, Wis.-based investment board announced that its scheduling a new external advisor search in 2013.
Alternative Investments: The $69.7 billion Ohio Public Employees Retirement System (OPERS) Board of Trustees has handed out a new alternative investment manager contract, according to the plans May meeting update.
Alternative Investments: The New Jersey State Investment Council (SIC) gave the green light to three proposed allocations at a Thursday meeting, as well as the thumbs up to a proposed Fiscal Year 2014 Annual Investment Plan, IMMP has learned.
Fixed-Income: An employee pension plan based in the City also known as The Gateway to the Rockies has decided there are a few unexplored asset classes it would like to learn more about.
International Equity: A Thursday Board meeting at the $7.6 billion Oklahoma Public Employees Retirement System (OPERS) has yielded a new mandate win for Baillie Gifford, Tom Spencer, executive director at the fund confirmed to IMMP.
Fixed-Income: The Nebraska Investment Council has given authorization to commit to a fund offered by Oaktree Capital Management.
U.S. Equity: Portfolio management changes at the asset management arm of one well-known Zurich and Basel, Switzerland-based investment bank are forcing a Pennsylvania public pension fund to rethink its current allocations.
Alternative Investments: Trustees for the Educational Employees Supplemental Retirement System of Fairfax County are slated Thursday to consider a new add-on commitment suggested by investment consultant NEPC.