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The city plans had previously had fixed-income emerging manager-of-managers portfolios with Progress Investment Management Company.
The plan has hired three managers-of-managers to handle a proposed $1 billion across fixed-income, international developed markets and emerging markets equity.
Reps. Emanuel Cleaver (D-Mo.) and Joe Kennedy III (D-Mass.) have released the findings of their inquiry into the use of diverse asset managers by 25 endowments.
The employees retirement system will target a 7.5% allocation to emerging and diverse asset managers.
NEPC will be hosting a webinar for healthcare organizations on diversity within investment programs.
Aon has created an operational due diligence program that looks to provide managers and allocators with a data-driven approach to a historically qualitative discipline.
Racial equity investing can provide an opportunity for investors to both mitigate systemic risks in the economy while also delivering a financial return, a new report finds.
Sterling Partners Equity Advisors has been focused on the future, a strategy that has helped propel it through the COVID-19 pandemic.
This month we have news on a new emerging manager program being created and coverage of the SEC Asset Management Advisory Committee meeting.