RETIREMENT BOARD OF ADMINISTRATION

WATER AND POWER EMPLOYEES’ RETIREMENT PLAN

 

REGULAR MEETING AGENDA  

 

AUGUST 14, 2013 – 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 August 14, 2013, 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 separate vote on each)

Reso

 

 

1.

Approval of Minutes – June 26, 2013, Special Meeting

 

 

14-04

2.

Termination from Rolls  - Monthly Allowance from the July 2013 Retirement Roll

 

 

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

 

 

 

3.

Report of Payment Authorizations for June 2013

 

 

 

4.

Notice of Deaths for June 2013

 

 

 

5.

Investment Reports for June 2013

a)  Summary of Investment Returns as of June 2013

b)  Market Value of Investments by Fund and Month as of June 30, 2013

c)  Market Value of the Retirement, Death, and Disability Funds and Retiree Health Care Fund as of June 30, 2013

d)  Summary of Contract Expirations 

 

 

 

6.

Report on Status of Insurance as of July 11, 2013

 

 

 

7.

MFS Investment Management Company International Value Equity On-Site Visit – Report from Pension Consulting Alliance, Inc.

 

 

 

8.

ConvergEx Execution Solutions, LLC On-Site Visit – Report from Staff, and Pension Consulting Alliance, Inc.

 

 

REGULAR    (Items for discussion and action by the Board)

 

 

 

9.

Discussion of Nominations and Appointment of Officers of the Retirement Board of Administration Water and Power Employees’ Retirement Plan; and Possible Action

 

 

Reso

 

 

14-05

10.

Discussion of Proxy Voting Policy Guidelines; and Possible Action

 

 

14-06

11.

Discussion of Securities Lending Program; and Possible Action

 

 

14-07

12.

Discussion to Amend Resolution No. 10-45, for Frontier Capital Management Active Small Cap Growth; and Possible Action

 

 

14-08

13.

Discussion to Amend Resolution No. 10-44, for Western Asset Management Company, Active Global Inflation Linked Securities; and Possible Action

 

 

14-09

14.

Discussion to Amend Resolution No. 10-43, for JP Morgan Investment Management, Inc., Active Fixed Income Core; and Possible Action

 

 

14-10

15.

Discussion to Amend Resolution No. 10-65, for T. Rowe Price Associates, Inc., Active Domestic Large Cap Growth; and Possible Action

 

 

 

16.

Presentation by Pension Consulting Alliance, Inc. – 2012 Fourth Quarter Private Equity Performance Report

 

 

 

17.

Presentation by Courtland Partners, Ltd. – 2013 First Quarter Performance Report

 

 

 

18.

RETIREMENT PLAN MANAGER’S COMMENTS

 

 

 

 

19.

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 August 9, 2013, at 8:30 a.m.