The minutes of the April 1, 2020 Special Board meeting have been uploaded to the 2020 minutes page. Click here to view.
The minutes of the March 25, 2020 Board meeting have been uploaded to the 2020 minutes page. Click here to view.
The Agenda for the Wednesday, April 29, 2020 regular monthly Board meeting has been uploaded. Click here to view.
The minutes of the February 26, 2020 Board meeting have been uploaded to the 2020 minutes page. Click here to view.
On Wednesday, April 1, 2020 the Board interviewed three highly ranked investment managers vying to manage an allocation to small cap domestic equity and after moderate discussion the Board chose Copeland. By the numbers, and with good presentations all three were close competitors, and Copeland got the nod based on incrementally better numbers than two other fine managers with good numbers and approaches. All three of them provided compelling pitches as to how well they pair with the Board’s other small cap manager – Aberdeen – which was a goal communicated to the three.
The allocation will be funded sometime this summer.
The two competitors were Palisade Capital Management (Fort Lee, NJ), and Teton Advisors (Rye, NY).
The Agenda for the Wednesday, April 1, 2020 Special Board meeting to interview investment managers for the Board’s allocation to small cap domestic equities has been uploaded. Click here to view.
Due to covid-19 our office is closed to visitors, and the governor has issued orders to close nonessential offices – but we are planning to stay as operational as possible once laptops arrive and we can work from home securely. For now we are limiting our numbers to only what essentially needs to get done to keep going. Basically that means that at least one of us will be in the office each day to ensure we keep monthly benefits flowing to our retirees, pay our bills, and process refunds to those that need them.
We are here – so stay in touch, Dale
General.frrsma@gmail.com or 413.774.4837
The Agenda for the Wednesday, March 25, 2020 Regular Board meeting has been uploaded. Click here to view.
The minutes of the January 29, 2020 Board meeting have been uploaded to the 2020 minutes page. Click here to view.
The Agenda for the Wednesday, February 26, 2020 Regular Board meeting has been uploaded. Click here to view.