Key Takeaways
- • A New England pension fund is eyeing a search for an active mid-cap equity manager, according to Financial Investment News (FIN).
- • The retirement fund terminated a domestic large-cap value equity manager at a board meeting on the day of publication.
- • The source does not disclose the size of the mid-cap mandate, the search timeline, or the reasons for the termination.
Summary
A New England pension fund is exploring a search for an active mid-cap equity manager, according to Financial Investment News. The same report says the retirement fund also terminated a domestic large-cap value equity manager at a board meeting held on the day of publication. The available coverage does not specify the mandate's size, the search timeline, the shortlist of candidates, or the rationale for the termination.
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