Investment portfolio actions approved
At a glance
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The Board of Investment Commissioners approved updates on investment performance and the Dexter Donation Fund and other trust accounts, then continued consideration of portfolio rebalancing.
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What this means
The board reviewed how the city’s investments were performing, including returns by asset class and manager. It also discussed the Dexter Donation Fund and other trust accounts, including their cash balances. Those two items were approved, while the question of rebalancing the portfolio was continued for later consideration.
Key decisions
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- Approved the investment performance analysis unanimously.
- Approved discussion of the Dexter Donation Fund and other trust accounts, including cash balances, unanimously.
- Continued the item on rebalancing the portfolio unanimously.
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Meeting information
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Board of Investment - Regular Meeting
Agenda
- Roll CallDecision: Call to Order
- Recent Performance EstimateDecision: INVESTMENT PERFORMANCE ANALYSIS
- Portfolio Structure and Performance Summary: Asset ClassDecision: INVESTMENT PERFORMANCE ANALYSIS
- Manager Performance: Benchmark vs. Manager Analysis A.) US Equity Managers B.) International Equity Manager C.) Fixed Income ManagersDecision: INVESTMENT PERFORMANCE ANALYSIS
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