Investment Management Mandate Pipeline

General News

BlackRock, SSgA Win Ohio BWC Mandates

The $19.1 billion Ohio Bureau of Workers’ Compensation (BWC) Board of Directors approved the hiring of State Street Global Advisors (SSgA) and BlackRock Institutional Trust Company as new passive index managers for two of its internal funds. During ...

LASERS Leaves TCW Behind

After three months of discussion, the $7.6 billion Louisiana State Employees’ Retirement System (LASERS) Board of Trustees and its Investment Committee decided to terminate The TCW Group, system CIO Bobby Beale told IMW. On ...

Illinois TRS Ends BlackRock Mandate

Due to poor investment performance, the roughly $32.1 billion Illinois Teachers’ Retirement System (TRS) has terminated BlackRock and placed five other managers on watch during its Feb. 25-26 Board of Trustees meeting. According to ...