The Hartford Municipal Employees’ Retirement Fund (MERF) is considering two fixed income searches, according to meeting materials from the March board meeting.
A presentation by investment consultant NEPC from the meeting reviews adjustments to the MERF’s equity and fixed income portfolios. Staff and NEPC plan to decrease international equity exposure, increase emerging market equity exposure, and increase both investment grade credit and high yield exposure.
As a result, NEPC will consider a search process for high yield managers and for IG Credit specialist managers.
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