Nebraska State Investment Council, Lincoln, plans to issue shortlist RFPs for an active international developed markets equity manager and an active international emerging markets equity manager, said Carol Kontor, state investment officer. Portfolio sizes have not been determined, she said.
Officials at the $4.3 billion system want to switch a portion of international equity investments from passive to active management. Ms. Kontor declined to give details about the passive managers, but she said funding likely will come from reducing portfolios, rather than terminations.
The plan will start looking for the developed markets manager within the next few months, and plan officials expect to make a decision by the end of the year, she said. They have not decided when the emerging markets search will begin, she said.
Wilshire Associates will advise.
