Based off recommendations from investment consultant NEPC, the City of Detroit General Retirement System (GRS) Board of Trustees decided recently to terminate Aberdeen Asset Management in order to make room for a MacKay Shields global high yield account.
The Municipal Fire and Police Retirement System of Iowa (MFPRSI) Board squared away initial discussions over the more than $2 billion portfolios potential global tactical asset allocation (GTAA) commitment.
The $7 billion North Dakota State Investment Board (SIB) has added two firms to its watch list, Deputy CIO Darren Schulz told IMMP Monday.
The Mendocino County Employees Retirement Association has reached a decision regarding its bond investments, Richard White, administrator at the plan, said Thursday.
The Mendocino County Employees Retirement Association (MCERA) was slated to discuss its fixed-income investment portfolio with consultant Callan Associates today.