Key Takeaways
- • The Western defined contribution (DC) plan approved the addition of a new international large-cap value equity manager to its investment lineup.
- • The manager selection was approved at the plan's most recent meeting, which occurred the month before this report.
- • The new option expands the plan's non-U.S. equity offerings with a value-oriented, large-capitalization mandate.
Summary
The board of the Western defined contribution plan approved adding a new international large-cap value equity manager to its investment lineup at its meeting last month, according to Financial Investment News (FIN). The addition broadens the plan's international equity options with a value-oriented strategy focused on large-capitalization companies outside the United States.
The source report does not disclose the identity of the selected manager, the mandate size, fee terms, or the expected allocation for participants. Readers seeking those details should consult the plan's meeting minutes or subsequent FIN coverage.
The source report does not disclose the identity of the selected manager, the mandate size, fee terms, or the expected allocation for participants. Readers seeking those details should consult the plan's meeting minutes or subsequent FIN coverage.
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