Mass Water Selects International Equity Manager

The Massachusetts Water Resources Authority Retirement System has selected RhumbLine in their international equity manager, according to materials from the May 30th Board meeting. 

BlackRock, LGIM America, and Northern Trust were also considered for the search. 

NEPC assisted with the recommendation. 

As of April 30, 2024, the $672 million pension fund allocates approximately 11.2% to international equity with a target of 8%.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.