The Fort Lauderdale General Employees Retirement System (GERS) Board of Trustees recently sat through an educational presentation on hedge funds, confirmed Dave Desmond, plan administrator.
Board trustees at the $14.5 billion New Mexico Public Employees Retirement Association (NMPERA) have approved placing PIMCO on its watch list, Jonathan Grabel, CIO at the pension plan, told IMMP.
Following a vote at an Oct. 22 Board meeting, trustees at the Fort Worth Employees Retirement Fund have decided to place PIMCO on its watch list.
The City of San Jose Police and Fire Retirement System has made revisions to its asset allocation targets, resulting in a reduction to absolute return investments.
The Los Angeles County Employees Retirement Association (LACERA) will issue RFIs for U.S. and non-U.S. activist equity managers.
Systematic Financial Management, a Teaneck, N.J.-based affiliate with the Affiliated Managers Group (AMG), has been placed on watch by the Teachers Retirement System of Louisiana (TRSL), IMMP has learned.
Board trustees for the Sterling Heights Police and Fire Retirement System (PFRS) and the General Employees Retirement System (GERS) interviewed large-cap core equity managers for possible inclusion into their investment portfolio.
Performance issues and personnel changes at Thornburg Investment Management have prompted the $2.1 billion Fort Worth Employees Retirement Fund to terminate the firm.
An expected update on portfolio activities at the Montana State Board of Investments (BOI) will reveal changes seen in the private equity, real estate, fixed-income and equity portfolios.
The Los Angeles County Employees Retirement Association (LACERA) has lightened its real estate manager roster, David Kushner, CIO at the pension fund, confirmed to IMMP.