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FUNDRAISING NEWS | March 19, 2024
According to meeting minutes from the January 17th board meeting, the Marin County Employees Retirement Association has approved replacing the Morgan Stanley and Artisan international equity portfolios with the State Street Global Investors MSCI World ex-US Index.
MCERA previously approved a 50% passive non-us developed, 25% active non-us small cap, and 25% active emerging markets structure.
The $3.2 billion ERA targets 22% to international equities and has an allocation of 20.7% as of December 31, 2023.
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: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
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