The Retirement Board and Investment Staff continuously strive to stay well informed of the changes in the financial markets and global macroeconomics to achieve optimal results for the Plan’s portfolio. As part of this effort, the Retirement Board and Investment staff will seek advice and expertise with respect to the investment and management of assets for the Plan. The Plan’s portfolio is invested in a variety of asset classes, including domestic and international equity, fixed income, real estate, private equity, and alternative investments. Careful attention is given not only to how the various classes perform during different market cycles, but also how they perform relative to each other. By having strategic classes that perform differently, the chance of significant losses is reduced.
Employees Retirement Plan Room 357 Department of Water & Power PO Box 51111 Los Angeles, CA 90099-5520
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