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FUNDRAISING NEWS | September 01, 2023

St. Louis Public School Retirement Liquidates Fixed Income Manager

Tags: Pension Funds, Fixed Income

The St. Louis Public School Retirement System has approved liquidating the Xponance Fixed Income strategy, according to meeting minutes from the June 26 board meeting.

Previous meeting minutes show that this comes after news of Xponance moving away from the strategy that the Retirement System is invested in.

It was approved to reallocate the funds to the current core fixed income manager, Manulife.

AndCo assisted with the recommendation.

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!

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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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