The COVID-19 virus has resulted in the complete upheaval of day-to-day life in the U.S. and forced businesses across the country to shift to running with an entirely virtual workforce. In the asset management space, that shift has coincided with a dramatic downturn in the markets that saw March post the worst returns for stocks since 2008.
A state pension plan has issued an RFP for emerging managers-of-managers.
A Northeast pension plan has completed its transition from Progress Investment Management Company
Investment consulting firm LCG Associates has promoted Taylor Covey to v.p. and co-director of private investments, the firm announced.
An Illinois pension fund hired a new global credit fixed-income emerging manager-of-managers at its March 13 meeting.
New York City Retirement Systems newest report details investments with diverse and emerging managers.