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New Mexico PERA has added two new strategies in its fixed income portfolio, while eliminating EM Debt portfolio | MarketsGroup
The Public Employees Retirement Association of New Mexico, headed by chief investment officer Michael Shackelford, has added bank loans and long-term government bond strategies to its fixed income sleeve, alongside eliminating its EM Debt portfolio.
The $16.3 billion pension plan, as presented by consultant Meketa, allocates 6.5% to long term government bonds and 9.8% to its bank loans sleeve within its Fixed Income bucket, as per to the recent allocation changes.
New Mexico PERA has also in
The $16.3 billion pension plan, as presented by consultant Meketa, allocates 6.5% to long term government bonds and 9.8% to its bank loans sleeve within its Fixed Income bucket, as per to the recent allocation changes.
New Mexico PERA has also in