Florida State Board of Administration staff plan to search for money managers to run yield-plus money market and active international equity investment options for its new statewide defined contribution plan. Searches are expected to be posted on the board’s website, www.fsba.state.fl.us, on May 25.
On Wednesday, SBA staff will present final recommendations for money managers to handle U.S. high-yield fixed income, core-plus U.S. bonds and enhanced U.S. bonds; trustees are expected to select managers April 24. Finalists for public relations, communications or advertising vendor, and asset transition broker posts also will be presented to the trustees for their approval at that meeting.
