The $2.4 billion Phoenix City Employee Retirement System announced a restructuring of its fixed income portfolio that eliminates its core plus bond allocation and splits the allocation between two active Core managers and a passive Core portfolio.... Read more
The Trump administration has nominated Jerome (Jay) Powell as the next Chairman of the Federal Reserve, replacing Janet Yellen. This nomination came after months of speculation. President Trump reportedly drew his pick from a pool of five candidates... Read more
On September 20, a unanimous Fed announced that a reduction of its balance sheet would begin in October, starting with a cap of $10 billion per month in securities. This reduction will be carried out by allowing securities to mature and not... Read more
Barbara McKenna, CFA, Managing Principal and Portfolio Manager, was recently featured in Boston Voyager magazine. Part of the LA-based Voyage group of magazines, this local magazine features interviews with inspiring entrepreneurs and independent... Read more
LIM is pleased to announce the recent addition of Heather Meehan, CFA, to the firm’s investment team as a corporate trader. Ms. Meehan serves as a corporate trader focused on both investment grade and high yield. Read more
LIM is pleased to have been awarded the “Merger Arbitrage Fund of 2016” at the Investors Choice Awards in New York. LIM’s Arbitrage Strategy was selected ahead of two other finalists in the category. This event was hosted by Allocator, a data... Read more