Competitive intelligence on U.S. state and local public pension plans
Public Plan IQ is the leading research service for aggregating the competitive intelligence of U.S. state and local government pension plans. Over 10,000 publicly disclosed information such as board materials/videos, meeting notes and minutes, annual reports, fee disclosures, client and prospect presentations, asset allocations and investment policies make up the Public Plan IQ database. This annual lists highlights the top 10 viewed documents for 2017.
Of the ten most clicked documents for 2017, half were Equity-oriented and three were focused on asset allocation restructuring. The top click of the year was NEPC’s update on a Global and Non-US Equity search for San Francisco; the search is still outstanding. The document featured evaluations of 32 strategies from 24 different firms. The second most clicked document was North Carolina’s 2017 Major Initiatives. Key themes included cost efficiency and implementation of passive Equity funds. Exiting fund of funds and replacing Credit Hedge Funds with High Yield and Direct Lending managers were also areas of interest. Rounding out the top three clicks for the year was Arizona Retirement’s comprehensive asset allocation review, which disclosed the decision to end the active Equity program. The plan noted that there had not been consistent success in identifying alpha generating managers.
Top Public Pension Plan Documents Viewed in 2017
|1||San Francisco, NEPC, Active Global and Non-US Equity Search Update|
|2||North Carolina March 2017 Major Initiatives|
|3||Arizona Retirement Restructuring of Equity Allocation (page 56)|
|4||Alaska Retirement, Callan, Alternative Beta Multi-Asset Research|
|5||Sonoma County, Aon, Annual Manager Evaluation Report|
|6||South Carolina, Meketa, Asset Allocation Review|
|7||Texas ERS February 2017 Proposed Equity Searches|
|8||Texas ERS External Equity Manager Evaluations|
|9||Florida SBA Global Equity Review and 2018 Strategic Plan|
|10||Ohio PERS, NEPC, 2017 Investment Outlook|