Ann Arbor City Terminates TIPS Fund

Written by: Koncheng Moua, Director of Data Management and Strategy

The City of Ann Arbor Employees’ Retirement System has terminated the IR&M Intermediate TIPS Fund, according to meeting minutes from the September 15 board meeting. 

It was previously approved to reduce the policy target of TIPS to 0%. Proceeds will be used for benefit payments and capital calls.

IR&M managed approximately $3.5 million for the Retirement System as of June 30, 2022. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!  

Recent Posts

June 09, 2023

Louisiana TRS Commit $475M to Alts; Hires Two Managers for Multi-Asset Credit Search

The Teachers’ Retirement System of Louisiana has approved three alternative investments totaling up...

March 04, 2024

NM SIC Commits $460M to Alts

The New Mexico State Investment Council has approved three commitments totalling $460 million to...

July 12, 2023

Texas TRS Commits $499M to Alts

The Teacher Retirement System of Texas has disclosed four new alternative investments totaling up...