RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

MAY 11, 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 May 11, 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 taken on entire Consent Agenda and treated as separate vote on each)

 

 1

Request for Approval of Minutes – April 6, 2011, Special Meeting

 

1.1-1.4

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

 

 

 2

Staff Report on Due Diligence Site Visit to INVESCO Advisors, Inc.

2.1 – 2.4

 

 3

Pension Consulting Alliance Report on Due Diligence Site Visit to Wells Sutter High Yield

3.1-3.10

REGULAR              (Items for discussion and action by the Board)

 

 4

Annual Presentation by Fred Alger Management, Inc. – Large Cap Growth

 

4

 

 5

Annual Presentation by T. Rowe Price – Large Cap Growth

5

 

 6

Presentation by Courtland Partners, Ltd. – Fourth Quarter 2010 Real Estate Portfolio Performance

 

6

 

 7

Consideration of Request from City Attorney to Attend the National Association of Public Pension Attorneys Legal Education Conference; and Possible Action

 

7.1-7.9

 

REPORTS FOR REFERENCE

 

 

 8

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

 

8a.1 – 8a.7

8b.1 – 8b.3

8c.1 – 8c.2

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 9

 

9

FUTURE AGENDA ITEMS

 

 

10

 

9

               

 

 

 


 

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 May 6, 2011, at 8:30 a.m.