After deciding to terminate large-cap value manager Neuberger Berman due to fees, the New Haven City Employees Retirement Fund (CERF) Board of Trustees may be approaching a final decision on the firms replacement.
Following questioning from trustees at the Education Employees Supplementary Retirement System of Fairfax County (ERFC), investment consultant NEPC has recommended that its institutional clients keep the Newport Beach, Calif.-based firm on client review status.
The $795 million Fort Lauderdale Police & Fire Retirement System Board of Trustees has removed PIMCO and Lee Munder from its manager roster.
The Los Angeles County Employees Retirement Association (LACERA) will issue RFIs for U.S. and non-U.S. activist equity managers.
Board trustees for the Plymouth County Retirement Association (PCRA), with the assistance of investment consultant Wainwright Investment Counsel, issued two RFPs recently for mid-cap and small-cap strategies.