RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

JUNE 13, 2012 – 9:00 A.M.

 

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

 


 

A meeting of the Retirement Board will be held on June 13, 2012, convening at 9:00 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.


 

 


 

PUBLIC COMMENTS

 

CONSENT         (Approval of routine, non-controversial items; action taken on entire Consent Agenda and treated as a

                                                                             separate vote on each item.)

Reso

 

 

 

 

1.

Request for Approval of Minutes:

a)  May 9, 2012, Regular Meeting

b)  May 23, 2012, Regular Meeting

 

 

 

 

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

Reso

 

 

 

 

2.

CLOSED SESSION PURSUANT TO GOVERNMENT CODE SECTION 54956.9(a) TO CONFER WITH COUNSEL REGARDING PENDING LITIGATION (ONE CASE) AND POSSIBLE ACTION:

In Re BANK OF NEW YORK MELLON CORPORATION FALSE CLAIMS ACT FOREIGN EXCHANGE LITIGATION, ex rel. FX ANALYTICS, Plaintiffs, v. THE BANK OF NEW YORK MELLON CORPORATION, THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., et al., Defendants (UNITED STATES DISTRICT COURT, NORTHERN DISTRICT OF CALIFORNIA, SAN FRANCISCO DIVISION, CASE NO. 3:11-ev-05683-WHA)

 

 

12-89

3.

Discussion of the Global Inflation Linked Securities Mandate Guidelines; and Possible Action

 

 

 

4.

Discussion of Absolute Return Allocation; and Possible Action

 

 

12-90

5.

Discussion of Contract with Fred Alger Management, Inc., Domestic Large-Cap Growth; and Possible Action

 

 

 

6.

Discussion of Preliminary Strategic Investment Agenda by Pension Consulting Alliance, Inc.; and Possible Action

 

 

 

7.

Annual Presentations by Emerging Markets Equity Managers

a)  The Boston Company

b)  T. Rowe Price

 

 

 

8.

Presentation by Pension Consulting Alliance, Inc. – 2012 First Quarter Real Return Performance

 

 

REPORTS FOR REFERENCE

 

 

 

9.

Investment Reports for April 2012

a.i)    Summary of Investment Returns as of April 30, 2012 (new format)

a.ii)    Summary of Investment Returns as of April 30, 2012 (old format)

b)      Market Value of Investments by Fund and Month as of April 30, 2012

c)      Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care          Fund as of April 30, 2012

d)      Summary of Contract Expirations 

 

 

 

10.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

 

11.

FUTURE AGENDA ITEMS

 


 

 

 

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 June 8, 2012, at 8:30 a.m.