Dec 6, 2013 – New York City's comptroller-elect will explore how much internal asset management the city's five pension funds can assume as a means of minimizing investment fees, he said Friday.
Dec 6, 2013 – The Texas County & District Retirement System (TCDRS) decided to remove a fixed-income manager from its roster last quarter, a recent update in the plan’s website notes.
Dec 6, 2013 – The Arkansas Local Police and Fire Retirement System’s (LOPFI) Investment Committee at its November meeting gave the thumb up to new mandates totaling $30 million.
Dec 6, 2013 – The Oakland Police and Fire Retirement System’s (OPFRS) search for a covered calls manager could come to a close next week, plan documents indicate.
Dec 6, 2013 – It is not time to panic despite the struggle of Detroit bondholders to regain their money, representatives of the four largest bond rating agencies told state treasurers Thursday.
Dec 5, 2013 – The Iowa Board of Regents decided to award six new private real assets, ex-U.S. real estate and ultra-short bond fund commitments, confirms Chief Business Officer Patrice Sayre.
Dec 5, 2013 – The Arlington County Employees’ Retirement System (ACERS) Board of Trustees tapped Thornburg Investment Management for a new low duration bond commitment based off recommendations from investment consultant Ashford Consulting Group.
Dec 5, 2013 – The Oregon Investment Council (OIC) decided yesterday to award its investment consultant contract, previously held by Strategic Investment Solutions, to neighboring San Francisco-based firm Callan Associates.
Dec 5, 2013 – The New Mexico Public Employees’ Retirement Association (PERA) has hired Jonathan Grabel, current CIO for the Rockville, Md.-based Montgomery County Public Schools (MCPS), to assume investment leadership of its more than $13.9 billion pension plan.
Dec 5, 2013 – Investors endorsed Illinois’ newly adopted pension restructuring, trading the state’s paper at tighter spreads Wednesday, while rating agencies called the overhaul a positive step but said they want to dig into the actuarial details before offering a full assessment.
Dec 4, 2013 – Deutsche Asset & Wealth Management (DeAWM) said Tuesday it has hired two industry professionals that will strengthen their global private equity team.
Dec 4, 2013 – The Teachers’ Retirement System of Louisiana (TRSL), based in Baton Rouge, has opted to award about $225 million to MetLife Real Estate Investors and CVC Capital Partners.
Dec 4, 2013 – AQR Capital Management and Putnam Investments are the last two firms standing in the race to win a risk parity mandate from the Louisiana Firefighters’ Retirement System (FRS).
Dec 4, 2013 – The California State Teachers’ Retirement System (CalSTRS) has hired Meketa Investment Group to share general consulting duties with incumbent Pension Consulting Alliance.
Dec 4, 2013 – The Illinois General Assembly approved an overhaul to the state’s pension system billed by its backers as a “landmark” reform that will stabilize both the system and the state’s fiscal foundation.
Chang Suh is Senior Executive VP and Chief Portfolio Manager for the AFL-CIO Housing Investment Trust, a risk adjusted fixed-income MBS account.