Key Takeaways
- • The West Coast 457 Plan adopted a new non-U.S. equity structure last month for diversification purposes, according to Financial Investment News (FIN).
- • The plan is moving to interview emerging market equity (EME) managers as part of its international equity review.
- • The report does not disclose allocation sizes, dollar amounts, or the names of managers under consideration.
Summary
The West Coast 457 Plan, a deferred compensation plan, has adopted a new non-U.S. equity structure, according to Financial Investment News. The plan made the change last month with the stated goal of diversification.
The plan now plans to interview emerging market equity managers. The report does not specify the number of managers to be interviewed, the mandate size, or the timeline for any hiring decision. Further details would be needed to assess the scale of the emerging market allocation.
The plan now plans to interview emerging market equity managers. The report does not specify the number of managers to be interviewed, the mandate size, or the timeline for any hiring decision. Further details would be needed to assess the scale of the emerging market allocation.
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