Chicago Firemen’s Annuity & Benefit Fund put Delaware Investments on watch for organizational changes.
Delaware manages a domestic smidcap growth equity portfolio, according to the $1 billion pension fund’s website.
The pension fund’s allocation as of Dec. 31 was 45.8% domestic equity, 25.8% international equity, 22.6% fixed income and 5.8% alternatives.
The news about Delaware’s watch status was in recently released minutes from a March 19 board meeting. Michael Moran, the pension fund’s chief investment officer, could not be reached by press time.
