Articles and Videos on Investment Outsourcing
Arizona Public Safety fund needs to change valuation on Desert Troon portfolio — auditor general
trueArizona Public Safety Personnel Retirement System, Phoenix, needs to change its method of valuing its portfolio with real estate manager Desert Troon Cos. to reflect market assumptions, a report by the Arizona auditor general concludes.
Disciplina Group adds managing director from Vandy endowment
trueAlena Kuprevich was named managing director at outsourced CIO firm Disciplina Group, according to a news release.
Minot, N.D., picks Bremer Investment as outsourced CIO
trueMinot, N.D., rehired Bremer Investment Management & Trust as outsourced CIO for its pension fund.
Maryland county plan looking for discretionary investment manager
trueWashington County Employees Retirement Plan, Hagerstown, Md., is searching for a discretionary investment manager to run the entire portfolio, confirmed Debra Murray, finance director for the county.
Tucson Supplemental conducting asset-liability study
trueTucson (Ariz.) Supplemental Retirement System is conducting an asset-liability study, said Allan Bentkowski, investment manager of the $650 million pension fund.
Sharpsburg Police goes with C.S. McKee
trueSharpsburg (Pa.) Police Pension Plan hired C.S. McKee as investment adviser of its $1.3 million defined benefit plan.
MF Global U.K. Pension Fund completes pension buyout
trueMF Global U.K. Pension Fund, London, entered into a £52 million ($84 million) pension annuity buyout contract with Pension Insurance Corp.
Newark Watershed looks to net whole-plan investment manager
trueNewark (N.J.) Watershed Conservation & Development Corp. is searching for an investment manager for its $2 million defined benefit pension fund.
South Kingstown calls on Webster Bank as manager for school funds
trueTown of South Kingstown, Wakefield, R.I., hired Webster Bank as discretionary investment manager to run the South Kingstown School Funds, which are made up of nine education-related endowment funds.
Goldman: Be mindful of government revenue exposure ahead of possible shutdown
trueGoldman Sachs released a research note to clients Thursday outlining potential hedging strategies to protect equity portfolios ahead of a potential shutdown of the U.S. federal government. The firm notes that investors should be mindful of revenue exposures from doing business with the U.S. ...
Oklahoma Teachers takes Wellington off watchlist
trueOklahoma Teachers' Retirement System removed Wellington Management from its “on alert” watchlist because of improved performance.
Presidio picks ex-BlackRock institutional leader for new outsourcing job
trueCeline Colgan joined The Presidio Group's outsourced investment office unit as co-head and chief business officer.
Wurts adds 2 to bolster risk management team
trueRuth Danner was named senior risk manager at Wurts & Associates.
Dade County schools supplemental plan calls on PFM as discretionary adviser
trueDade County Public Schools Supplemental Early Retirement Plan, Miami, hired PFM Asset Management as discretionary investment adviser, according to recently released board meeting minutes.
Federal Retirement Thrift Investment Board rehires BlackRock for I Fund
trueFederal Retirement Thrift Investment Board, Washington, rehired hired BlackRock to manage its $28.6 billion International Stock Index Investment Fund.