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The City of Ann Arbor Employees’ Retirement System has terminated the IR&M Intermediate TIPS Fund, according to meeting minutes from the September 15 board meeting.
It was previously approved to reduce the policy target of TIPS to 0%. Proceeds will be used for benefit payments and capital calls.
IR&M managed approximately $3.5 million for the Retirement System as of June 30, 2022.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
            Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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