Trustees for the more than $1.4 billion Chicago Laborers and Retirement Board Employees Annuity and Benefit Fund (LABF) decided recently to direct investment consultant NEPC to initiate an RFP for an international equity manager, plan documents indicate.
The City of San Jose Police and Fire Retirement System has made revisions to its asset allocation targets, resulting in a reduction to absolute return investments.
Performance issues and personnel changes at Thornburg Investment Management have prompted the $2.1 billion Fort Worth Employees Retirement Fund to terminate the firm.
Board trustees for the Park Employees' Annuity and Benefit Fund of Chicago were due to hear presentations from three firms in its search for minority, female or disabled-owned international equity asset managers this month.
Fresh off its nearly 16% annual investment return, the Virginia Retirement System (VRS) has allocated nearly $2 billion to asset managers within the credit, real assets and equity exposures, confirmed plan spokeswomen Jeanne Chenault.