Frederick County Retirement Planning Fixed Income Search

The Frederick County Employees’ Retirement Plan will be conducting a search to replace the core plus manager, PIMCO Total Return fund, according to meeting minutes from the June board meeting. 

Marquette recommended initiating the search as the $875 million Retirement Plan moves from a core plus approach to core.

It was also recommended that the retirement plan begin adding TIPS exposure. 75% of the fixed income portfolio will be targeted to core mandates, and 25% to a passive TIPS, investment grade, and additional inflation protection.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.