Second Quarter 2019
…trailing 3-, 5-, and 10-year returns remain strong on both a relative and absolute basis, as was the FY 2019 return, but it was slightly weaker and lagged the benchmark…
…trailing 3-, 5-, and 10-year returns remain strong on both a relative and absolute basis, as was the FY 2019 return, but it was slightly weaker and lagged the benchmark…
…that we identified last quarter. At the last meeting of the Board, we discussed the risks in the market and we compared current conditions to those of mid-2014 through early…
…new Committee members to schedule our customary on-boarding briefings. We expect The ESG Committee’s first meeting will occur at the next Board cycle. On asset allocation, the Investment Committee approved…
…the Research team. Hired in July of 2021, Mini is responsible for multiple research initiatives, including ESG research and blockchain research. Mini earned an MBA from ESCP Europe, a top…
…last 1-, 3-, 5-, and 10-years is comfortably above our actuarial target return of 7.25%. The PRIT Fund trailing 10-year return, net of fees, is 8.6%. All this was accomplished…
…of separately managed accounts (SMA’s), which give us complete transparency, more control, and lower fees than commingled funds that are the norm for most investors. SMAs now comprise more than…