---
title: MLGW Pension Fund Approves Core Fixed Income Search
description: MLGW Pension Fund Approves Core Fixed Income Search.
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# MLGW Pension Fund Approves Core Fixed Income Search

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

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/emily-finch-zi5XeC_JUkY-unsplash.jpg)

The Memphis Light, Gas and Water Division Pension Fund has approved a search for an opportunistic core fixed income manager. 

According to meeting minutes from the March 15 board meeting, staff raised concerns on the current performance of Xponance. 

Xponance managed approximately $40 million for the pension fund in their Differentiated Income strategy

Investment consultant, CBIZ, will assist 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](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Searches](https://dakotafunds.com/dakota-funds/tag/searches), [Fixed Income](https://dakotafunds.com/dakota-funds/tag/fixed-income)

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