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%.

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.

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