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FUNDRAISING NEWS | July 18, 2022
Tags: Pension Funds
Mellon Investment Corporation was selected by the Firefighters’ Retirement System of Louisiana to manage a Russell 1000 Value Index fund.
The $2 billion Retirement System worked closely with consultant NEPC on the search. State Street Global Advisors was also considered.
As of June 30, 2022, the FRS domestic equity composite represented 27.5% of the total plan. The FRS investment policy target allocation for domestic equities is 27%.
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: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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