FROM: Don Pierce, Chief Investment Officer
SUBJECT: Informational: Benchmark Discussion Framework
RECOMMENDATION:
title
Benchmark Discussion Framework.
body
BACKGROUND:
The NEPC research proposal for an Implementation Benchmark is an interesting approach to investigate. While considering peer group universes for managers and asset classes is common, this Implementation Benchmark would elevate those collective efforts into a single Total Plan metric the Board could review.
BUDGET IMPACT:
None.
STRATEGIC PLANNING GOAL/OBJECTIVE:
Prudent Fiscal Management
STAFF CONTACT:
Don Pierce
ATTACHMENTS:
Exhibit A: Benchmarking Presentation