Ann Arbor City Terminates TIPS Fund

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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Ann Arbor City Terminates TIPS Fund

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