Merced County Hires Wellington for Core Fixed Income Search

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.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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Merced County Hires Wellington for Core Fixed Income Search

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