The $1.9bn Dallas Employees Retirement System (ERS) will appoint a manager for its $300m equity real estate investment trust (REIT) mandate on August 14, 2001.
The equity REIT manager search will end on June 11.
According to the fund, a manager recommendation will go to the board in August, with the contract starting in early September.
Wilshire Associates is the fund's consultant.
By Geoffrey Ho
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.