The Agenda for the Wednesday, May 29, 2019 Regular Board meeting has been uploaded. Click here to view.
The minutes of the March 27, 2019 Board meeting have been uploaded to the 2019 minutes page. Click here to view.
The Agenda of the Wednesday, April 24, 2019 Regular Board meeting has been uploaded. Click here to view.
Congratulations and welcome to Fiera Capital, and Chartwell Investment Partners. The Franklin Regional Retirement Board met on Monday April 1, 2019 and interviewed the two managers to provide management of its mid cap growth, and mid cap value allocations. As a result, the Board voted to hire Fiera Capital, and Chartwell Investment Partners to fill each of those roles respectively.
The existing core/value mid cap allocation has a target of 5%, and both the new mid cap allocations will have a target of 5% of FRRS’s total allocation. To accommodate the additional 5% within the overall allocation, FRRS will reduce its overall target allocation to fixed income by 5%.
The existing mid cap core allocation is managed currently by Seizert Capital Partners. The Board has been pleased with Seizert’s performance and thanks them for their good stewardship.
Dahab Associates managed the search.
The minutes of the February 27, 2019 Board meeting have been uploaded to the 2019 minutes page. Click here to view.
The Agenda of the Wednesday, March 27, 2019 Special Board meeting has been uploaded. Click here to view.
The Agenda of the Monday, April 1, 2019 Special Board meeting has been uploaded. Click here to view.
FRRS no longer has need of the items shown below and we would like to pass them on to treasurers and units that may be able to use any of them. Also available but not pictured is an Epson Scanner and an Asus tablet. All items are in good working order. Give us a call at 413 774-4837 or email us at general.frrsma@gmail.com to ask a question or make an offer.
The Franklin Regional Retirement Board met on Wednesday, February 27, 2019 to review the submitted materials from 39 respondents to its Request for Proposals (“RFP”) to provide management of its mid cap growth, and mid cap value allocations. As a result, the Board has invited Fiera Capital, Chartwell Investment Partners, and EARNEST Partners to interview on the morning of Monday, April 1, 2019.
The existing core/value mid cap allocation has a target of 5%, and both the new mid cap allocations will have a target of 5% of FRRS’s total allocation at the conclusion of the search. To accommodate the additional 5% within the overall allocation, FRRS will reduce its overall target allocation to fixed income by 5%.
The existing mid cap core allocation is managed currently by Seizert Capital Partners. The Board has been pleased with Seizert’s performance and thanks them for their good stewardship.
Dahab Associates is handling the search. Which started in December 2018, will likely conclude on April 1, 2019 with the selection of the manager(s) of the mid cap allocations.
The minutes of the January 30, 2019 Board meeting have been uploaded to the 2019 minutes page. Click here to view.