Last Modified on 11/21/2008 16:45:03NOTICE OF RESULTS
CITY OF PHOENIX EMPLOYEES’ RETIREMENT BOARD (COPERS)
SPECIAL MEETING
Pursuant to A.R.S. Section 38-431.02, notice is hereby given to the members of the CITY OF PHOENIX EMPLOYEES’ RETIREMENT BOARD and to the general public, that the CITY OF PHOENIX EMPLOYEES’ RETIREMENT BOARD held a meeting open to the public on November 12, 2008, at 9:30 a.m. located in the Subcommittee Room, 2nd Floor, Historic City Hall, 17 South 2nd Avenue, Phoenix, Arizona. (Enter through the west door. If locked, use 1st floor entrance under the steps and press the intercom button to inform security that you want to attend the City of Phoenix Employees’ Retirement Board Meeting.) One or more members may participate via teleconference.
The results of the meeting were as follows:
RESULTS
9:34
1.
Approved
2.
Consideration of Possible 2008 Post Retirement Distribution
(13th Check)1-10
Discussion and possible Board action
Presentation made
3.
COPERS’ Investment Performance – Period Ended
September 30, 2008 – Presentation by R.V. Kuhns & Associates
a)
Fund Performance – Period Ended September 30, 2008
b)
Trading Cost Analysis – July 1, 2008 through
September 30, 2008
Discussion and possible Board action
No action
4.
Consideration of Report From R.V. Kuhns & Associates Regarding Federal Troubled Asset Recovery Plan
Discussion and possible Board action
No action
5.
Consideration of Fixed Income Portfolio Structure Review and Results for Macro-Style Fixed Income Manager Search - Presentation by R.V. Kuhns & Associates
1-11
Discussion and possible Board action
No action
6.
Consideration of Funding and Timeline for Value-Added and Opportunistic Global Private Equity Real Estate Investments – Presentation by R.V. Kuhns & Associates
1-2
Discussion and possible Board action
No action
7.
Consideration of Correspondence From Northern Trust and R.V. Kuhns & Associates Regarding Securities Lending Program
1-3
Discussion and possible Board action
No action
8.
Consideration of Correspondence From AXA Rosenberg and R.V. Kuhns & Associates Regarding Changes to Global Equity Indices
1-2
Discussion and possible Board action
Accepted report
9.
Consideration of Report From R.V. Kuhns & Associates Regarding Potential Quarterly Rebalancing
1-3
Discussion and possible Board action
Contract negotiations terminated
10.
Consideration of Contracting with Mellon for Transition Management Services
1-2
Discussion and possible Board action
Executive Session
Pursuant to A.R.S. Section 38-431.03(A)(3) the Board may vote to convene in Executive Session for discussion or consultation with the Board’s attorney for legal advice regarding item 11. The Board will vote on actions to take on these items in open session.
No action
11.
Possible Policy Regarding Investment in Companies Doing Business in Countries Which Support Terrorism
1-17
Discussion and possible Board action
No items
12.
Future Agenda Items
Informational
No response
13.
Call to the Public
Info only
14.
Next Board Meeting: Wednesday, November 19, 2008 at
9:30 a.m. – Historic City Hall, Second Floor, Subcommittee Room
Informational
10:44
15.
Close Session
For further information, please call Paula Whisel, Secretary III, Retirement Systems at 602-534-4400.
For reasonable accommodations, call Paula Whisel at Voice/602-534-4400 or
TTY/602-534-5500 as early as possible to coordinate needed arrangements.
Printed: November 5, 2008