FUNDRAISING NEWS | October 13, 2022
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!
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
