Sign me up now for full access.Subscribe
Take a free trial (including email alerts).Register
Get help from customer service.Inquire
Leads Database

Fixed-Income

New York City Pensions Post Emerging Manager Bond Search

- The New York City Retirement Systems, under the direction of Comptroller Scott Stringer, is planning to award as much as $5 billion to emerging managers with expertise in active inflation-linked fixed-income securities.

Los Angeles 911 Schedules Bond Finalist Presentations

- Board members for the Los Angeles Fire & Police Pensions (LAFPP) are set to hear finalist presentations for the more than $17 billion fund’s unconstrained fixed-income mandate, plan documents indicate.

Norfolk County Searches Equity, High Yield Market

- The Norfolk County Retirement System (NCRS) is planning to award three new investment contracts, valued at a collective $70 million, to equity and high yield managers.

Plymouth Retirement System Issues Four RFPs

- The Plymouth Retirement System, based in Plymouth, Mass., is currently accepting bids from investment firms with expertise in core fixed-income and equity management disciplines.

Watertown Contributory Releases Equity, Bond RFPs

- The Watertown Contributory Retirement System, based in Watertown, Mass., is now accepting bids from asset managers with expertise in active core equity and fixed-income management.

Chicago Municipal Pension Plots Global Bond Presentations

- Four managers vying for the Chicago Municipal Employees’ Annuity & Benefit Fund’s (MEABF) global fixed-income search were scheduled for finalist presentations this week, plan documents indicate.

Louisiana Municipal Police Release EMD, High Yield Bond RFPs

- The Louisiana Municipal Police Employees’ Retirement System (MPERS) has placed more than $100 million up for grabs for emerging market debt (EMD) and high yield bond managers, two newly issued RFPs indicate.

Chicago Pension Reform in Need of More Votes

- Chicago's proposed rescue for two of its four pension funds lost momentum in the General Assembly as backers struggled to drum up votes and Gov. Pat Quinn refused to say whether he'd even sign it.

Franklin Employees’ Pension Publishes Bond RFP

- The City of Franklin, Tenn.’s Employees’ Pension Fund is searching for active management help within its fixed-income portfolio, IMMP has learned.

Illinois Municipal Terminates Pyramis, Adds Commitments

- The Illinois Municipal Retirement Fund (IMRF) Board of Trustees terminated Pyramis Global Advisors this month due to the firm's inability to meet the nearly $33.6 billion plan’s minority brokerage goals.

Milwaukee County Treasury Issues Investment Advisory RFP

- Milwaukee County Treasurer Daniel Diliberti issued a RFP Monday for investment advisors to manage a portion of the Wisconsin-based municipality’s operating and capital fund assets.

Iowa Regents Board Approves Bankers Trust Addition

- The Iowa Regents Board recently approved the addition of Bankers Trust, the state’s oldest and largest independently owned bank, to its menu of money market mutual funds.

Detroit General Retirees' Hire MacKay Shields Account

- Based off recommendations from investment consultant NEPC, the City of Detroit General Retirement System (GRS) Board of Trustees decided recently to terminate Aberdeen Asset Management in order to make room for a MacKay Shields’ global high yield account.

Iowa Municipal Pension Discuss GTAA, Shifts Fixed-Income

- The Municipal Fire and Police Retirement System of Iowa (MFPRSI) Board squared away initial discussions over the more than $2 billion portfolio’s potential global tactical asset allocation (GTAA) commitment.

North Dakota SIB Now Watching $900M in Assets

- The $7 billion North Dakota State Investment Board (SIB) has added two firms to its watch list, Deputy CIO Darren Schulz told IMMP Monday.