Inflation Protection
The pension fund committed $50 million between a pair of infrastructure secondaries managers last week.
The plan eliminated its short-duration fixed-income and TIPS allocations through manager terminations approved last month.
The plan eliminated its TIPS target as part of a new asset allocation policy approved in March.
The retirement system introduced TIPS and eliminated its low volatility and public real assets targets as a result of a new asset allocation policy.
The retirement system agreed to hire a new core fixed-income manager at today’s meeting.
The plan located in our nation’s capital approved a search for active international equity managers.
The retirement association will look to fill new targets to non-core infrastructure and TIPS in the first half of 2025.
The searches follow a review of the overall asset class this week’s meetings.
The retirement systems also eliminated global low volatility and TIPS allocations earlier this year.
The pension system will hear recommendations to add infrastructure and drop commodities, among other changes, at this week’s board meeting.