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.
In addition to adding Mercer as a new real estate investment consultant, the Indiana Public Retirement System (INPRS) has agreed to terminate or redeem assets from a slew of managers in the public equity, absolute return and alternative asset classes.
The Miami Beach Employees Retirement Plan (MBERP) Board decided this week to allocate its new emerging market equity (EME) mandate to Dimensional Fund Advisors (DFA), confirmed Pension Administrator Rick Rivera.
Board trustees for the Grand Rapids, Mich. General Retirement System (GRS) and Police and Fire Retirement System (PFRS) are slated to interview American Depository Receipts (ADRs) investment finalists, IMMP has learned.
The New York State Common Retirement Fund (CRF)advised by its sole trustee state Comptroller Thomas DiNapolihas signed a strategic global equity partnership with Goldman Sachs Asset Management (GSAM).