The $6.2bn Louisiana State Employees' Retirement Systems (LASERS) is looking for managers to run a $180m emerging market equity mandate.
LASERS expects to allocate approximately $180m to the selected manager or managers. The closing date for proposals is July 9, 2001. Interested asset managers can contact either the fund or its consultant, Peter Gerlings at New England Pension Consultants.
Additionally, the fund is due to decide upon managers for its US and global tactical asset allocation mandates. The mandates are worth $670m in total, and the fund is due to make appointments by the end of the month.
By Geoffrey Ho
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.