FUNDRAISING NEWS | March 06, 2024
The Massachusetts Water Resources Authority Retirement System is preparing to issue an International Equity search, according to materials from the February 29, 2024 Board meeting.
The search preparation follows a review of the funds international equity structure presented by NEPC, where they recommended moving to a “Core” - “Satellite” approach, where the structure would be 50% active and 50% passive.
NEPC will assist the board with the RFP.
As of January 31, 2024, the $677 million pension fund allocates approximately 16.4% to international equity with a target of 19%. Furthermore, the international equity portfolio is allocated to Select Equity Group, Schroders, and Baillie Gifford.
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: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
January 19, 2024
April 30, 2024
July 10, 2024
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2024 | Terms of Service | Privacy Policy | California Privacy Policy