Big bets and letting winners run helped Danoff’s active equity fund consistently beat indexes.
A First Eagle Investments fund manager explores how artificial intelligence tools will benefit businesses, like farming, using it to solve practical operating problems.
As indexes are increasingly dominated by large companies, managers tout active strategies as a solution.
The measure will be reviewed for at least 90-days before entering a comment period.
It is the first time the city’s pension funds have solicited managers for public equity index services in nearly a decade.
The pension fund’s board also approved contract negotiations with its current general investment consultant Cerity Partners Retirement Plan Advisors.
