At the January 16th Retirement Board meeting, the City of Tampa General Employees Retirement approved of changes to the Plan’s target allocation mix.
The following allocation updates were approved:
- Diversified Fixed Income: 25% (+5%)
- U.S. Large Cap Equity: 19% (-2%)
- U.S. Small Cap Equity: 10% (-1%)
- International Developed Equity: 15% (-2%)
ACG assisted with the recommendations.
As of December 31, the Fund had a market value of $797 million.
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