The Bureau of Labor Funds is seeking managers for 21 mandates, including its first global multi-asset portfolios, as it moves to further boost its alternatives and index exposure.
Tag : lif
The $92 billion Bureau of Labour Funds has invited fund managers to submit proposals for global real estate and infrastructure mandates, in a move to boost alternatives to 6% of its portfolio.
The Bureau of Labour Funds will select managers of real estate and infrastructure securities in the first half, as the $92 billion state pension pool moves to diversify its assets globally.
The $89 billion Bureau of Labour Funds has invited managers to run new global sovereign credit and equity index portfolios for three of its institutions, as it moves to diversify its assets.