---
title: Merced County Hires Wellington for Core Fixed Income Search
description: Merced County Hires Wellington for Core Fixed Income Search.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/san_francisco_pensions-4-1.jpg
---

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# Merced County Hires Wellington for Core Fixed Income Search

**Written by: ** Koncheng Moua, Director of Data Management and Strategy 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/san_francisco_pensions-4-1.jpg)

The Merced County Employees Retirement Association has hired Wellington for active core fixed income management. 

$40 million will be allocated to the Wellington Core Bond Fund. Funds will be sourced though a partial sale of Barrow Hanley.

A search for an active core fixed income manager was conducted to evaluate potential replacements to the County’s sole core bond active manager, Barrow Hanley.

Baird and Income Research & Management were also considered.

The pension fund’s consultant, Meketa, assisted with the search.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)! *

 Tags: [Credit](https://dakotafunds.com/dakota-funds/tag/credit), [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Searches](https://dakotafunds.com/dakota-funds/tag/searches)

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