RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

APRIL 27, 2011 – 10:00 A.M.

 
       ROOM 1555-H, 111 NORTH HOPE STREET, LOS ANGELES, CA 90012

 


 

A meeting of the Retirement Board will be held on April 27, 2011, convening at 10:00 a.m. or soon thereafter if quorum is present.

 

As a covered entity under Title II of the Americans with Disabilities Act, the City of Los Angeles does not discriminate on the basis of disability and, upon request, will provide reasonable accommodation to ensure equal access to its programs, services, and activities.  To ensure availability, such request should be made 72 hours in advance by contacting the Retirement Office at (213) 367-1712 during business hours.

 

At the beginning of the meeting, the Board will provide an opportunity for members of the public to address it on items of interest that are within the subject matter jurisdiction of the Board. Thereafter, the Board will consider and take action on the Regular Agenda items. Members of the public may also request to speak on any agenda item.  The meeting is recorded.

 


 

Reso

Item

Description of Agenda Item

Page

 

PUBLIC COMMENTS

CONSENT      (Approval of routine, non-controversial items; action is taken on the whole Consent Agenda and

                                     is treated as a separate vote on each item.)

 

  1

Request for Approval of Minutes - March 9, 2011, Regular Meeting 

 

1.1 – 1.8

11-85

  2

Termination of Monthly Allowance from the April 2011 Retirement Roll

2.1 – 2.2

RECEIVED AND FILED         (Items of Interest to the Board on which no action is taken)

 

 

 

  3

Report of Payment Authorizations for March 2011

3.1 –3.103

 

  4

Notice of Deaths for March 2011

4.1 – 4.2

 

  5

Investment Reports for March 2011

a)  Summary of Investment Returns as of March 31, 2011

b)  Market Value of Investments by Fund and Month as of March 31,  2011

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health       Care Fund as of March 31, 2011

 

 

5a.1 – 5a.7

5b.1 – 5b.3

5c.1 – 5c.2

 

  6

Report on Status of Insurance as of April 13, 2011

6

 

  7

Report on Organizational Change at Invesco Global Asset Management

7.1 – 7.4

 

  8

Report on Organizational Change at JP Morgan Asset Management, Inc.

8.1 – 8.5

 

  9

Report on Due Diligence Site Visit to Aetos Alternatives Management, LLC

9.1 – 9.3

 

10

Report on Due Diligence Site Visit to Fred Alger Management, Inc.

10.1 -10.3

 

 

REGULAR              (Items for discussion and action by the Board)

 

11-86

11-87

11

Discussion of Performance of Pyramis Global Advisors International Developed Equity Manager; and Possible Action

 

11.1 – 11.16

11-88

11-89

 

12

Discussion of Contracts for General and Alternative Consulting Services; and Possible Action

 

12.1 – 12.3

 

13

Review of Request for Proposal for Active Emerging Markets Equity Manager; and Possible Action

 

13

11-84

14

Discussion of Staff's Recommendation on the Selection of a Document Imaging Vendor; and Possible Action  

 

14

11-90

15

Discussion of Request to Extend the Contract with The Segal Company for Actuarial Services

 

15.1 – 15.6

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

16

 

16

FUTURE AGENDA ITEMS

 

 

 

17

 

16

             

 

 

In compliance with Government Code Section 55957.5, non-exempt writings that are distributed to a majority or all of the Board or applicable Committee of the Board, in advance of their meetings, may be viewed at the offices of the Water and Power Employees’ Retirement Plan (WPERP), located at 111 North Hope Street, Room 357, Los Angeles, California 90012, or at the scheduled meeting.            

 

Posted on April 22, 2011, at 8:30 a.m.