The Cincinnati Retirement System has disclosed hiring a new core fixed income manager, Diamond Hill.
Diamond Hill was hired for an approximately $130 million mandate, according to meeting minutes from the August 3 board meeting.
Also at the meeting, Marquette was rehired as the investment consultant.
As of July 31, 2023, the nearly $2.3 billion Retirement System has an actual and target allocation to fixed income of 16.5% and 22.5% respectively.
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