Products
Integrations
Services
Company
FUNDRAISING NEWS | January 25, 2024
According to materials from the January 23, 2024 board meeting, the Stanislaus County Employees’ Retirement Association has approved changes to its target asset allocation mix.
The following was approved:
- US Large Cap: 14% (-2%)
- Non-US Equity: 18% (-2%)
- Public Credit: 4% (+4%)
- US TIPS: 4% (+4%)
- Risk Parity: 4% (-6%)
- Liquid Absolute Return: 5% (+2%)
As a result of new asset classes being targeted, three searches are being prepared for 2024.
A U.S. TIPS manager search is being planned. A liquid absolute return manager search will be conducted to replace Invesco, and the third search will be for a public credit manager.
The searches and target asset allocation updates will be interspersed throughout the year.
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.
January 05, 2024
March 08, 2024
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2024 | Terms of Use | Privacy Policy | California Privacy Policy