Iowa Municipal Fire & Police Adds Absolute Return Allocation

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

The Municipal Fire & Police Retirement System of Iowa has approved an allocation to Absolute Return.

According to meeting minutes from the June 23 Board meeting, staff approved a “2.5% allocation to an internally managed, non-levered Absolute Return strategy”. 

A recommendation as to where the funds should be allocated from within the current portfolio is expected at the August meeting.

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!

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