• Exclusive Online Only Content
• Weekly Email News Alerts
• Industry White Papers
• Expert Analysis

International Equity

Imperial County Drops Victory

March 12, 2010 - The roughly $400 million Imperial County Employees’ Retirement System (ICERS) has removed Victory Capital Management from its roster, according to the plan’s Web site. Recently posted minutes of ICERS’ Feb. 17 ...

New Mexico PERA Considers Watch Listings

March 11, 2010 - The New Mexico Public Employees’ Retirement Association (PERA) will discuss making two additions to its manager watch list at a March 25 Board meeting, an official at the plan confirmed to IMW. Julian Baca, portfolio manager ...

Cincy Pulls Back on Two Mandates

March 10, 2010 - The $1.9 billion City of Cincinnati Retirement System cut $20 million in funding from two managers during an Investment Committee meeting last month. Fixed-income manager PIMCO is expected to manage half of the ...

Oklahoma Muni. Plans for Search, Hires Managers

March 3, 2010 - The Oklahoma Municipal Retirement Fund (OMRF) has selected two new international equity managers for its roster, ending a relationship with incumbent GMO, said a source familiar with the situation. At an investment/finance ...

New York Common Fund Lets Go of Three

March 2, 2010 - The roughly $129 billion New York State Common Retirement Fund (CRF) started the year off with a bang and let go of three equity firms last month accounting for a total of $864 million. According to the CRF’s January 2010 pension ...

LASERS Leaves TCW Behind

March 1, 2010 - After three months of discussion, the $7.6 billion Louisiana State Employees’ Retirement System (LASERS) Board of Trustees and its Investment Committee decided to terminate The TCW Group, system CIO Bobby Beale told IMW. On ...

Illinois TRS Ends BlackRock Mandate

March 1, 2010 - Due to poor investment performance, the roughly $32.1 billion Illinois Teachers’ Retirement System (TRS) has terminated BlackRock and placed five other managers on watch during its Feb. 25-26 Board of Trustees meeting. According to ...

Ohio Guns and Hoses Mixes Things Up

February 25, 2010 - The $10.3 billion Ohio Police and Fire Pension Fund (OP&F) Board of Trustees decided to make some “levered” changes to its asset allocation mix in order to reduce risk, fund spokesperson David Graham told IMW. The

Idaho Endowment Goes Global

February 24, 2010 - The $1 billion Idaho Endowment Fund Investment Board (EFIB) has hired two global equity managers, wrapping a process that began in August 2009. Larry Johnson, manager of investments at the Boise fund, told IMW today ...

Vermont Takes Stake in Hedge Funds

February 24, 2010 - In addition to issuing two new searches, the Vermont Pension Investment Committee (VPIC) has initiated its annual asset allocation review for the state’s three pension systems worth roughly $2.95 billion. The decisions were ...

Contra Costa to Hit Global Markets

February 19, 2010 - The Contra Costa County Employees’ Retirement Association (CCCERA) has approved a recommendation made by consultant Milliman that will find the plan placing more of its assets in global investments. Last month, ...

Ohio PERS Gives Go-Ahead to Investment Proposal

February 18, 2010 - The Ohio Public Employees’ Retirement System (OPERS) Board of Trustees approved its “2010 Investment Plan,” which would effectively implement previously mandated asset allocations, and incorporate more internal ...

Idaho Endowment Names Global Finalists

February 18, 2010 - The Idaho Endowment Fund Investment Board (EFIB) has made headway in its search for a new global assets allocation, Larry Johnson, director of investments, confirmed yesterday. Last month, the EFIB interviewed finalist firms ...

San Jose Takes on New Targets

February 12, 2010 - The San Jose Federated City Employees’ Retirement System approved a new asset mix yesterday, Ron Kumar, financial analyst at the fund told IMW. The fund’s portfolio will now include allocations of 49% equities, to consist ...

City of Knoxville Gleans from Silchester

February 12, 2010 - The City of Knoxville Pension Board will fund a portion of its Acadian Asset Management’s emerging markets May mandate from a previous Silchester International Investors’ contract. According to the Jan. 14 Pension Board ...