Asset Allocation and Investment Managers
The MWRA Employees' Retirement System utilizes a well diversified mix of investment managers to ensure the long-term success of the system. At the present time, our assets are dispersed amongst twenty-seven different fund mangers across eight asset classes. While our defined benefit retirement plan takes a long-term approach toward investing, the Board works closely with the system's investment consultant to monitor market trends and developments.
ASSET CLASS |
ALLOCATION |
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|
Large Cap |
18.0% |
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|
Small Cap |
8.0% |
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|
International |
12.0% |
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| Emerging Markets                                              2.0% | ||||
|
Fixed Income |
28.0% |
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|
Global Asset Allocation |
10.0% |
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|
Real Estate |
7.0% |
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|
Private Equity |
5.0% |
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|
Hedge Funds/Absolute Return |
10.0% |
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FUND MANAGERS
DOMESTIC EQUITY
Rhumbline Large Core Index
MFS Large Value
Boston Partners Small Value
Loomis Sayles Small Growth
INTERNATIONAL EQUITY
Global Currents
The Boston Company
FIXED INCOME
Invesco Core Bond
Loomis Sayles Fixed Income
Rhumbline Large Core Index
MFS Large Value
Boston Partners Small Value
Loomis Sayles Small Growth
INTERNATIONAL EQUITY
Global Currents
The Boston Company
FIXED INCOME
Invesco Core Bond
Loomis Sayles Fixed Income
GLOBAL ASSETS
PRIM Core Fund
Wellington Opportunistic Investment
PIMCO All Asset
REAL ESTATE
BlackRock Realty AVF III
Intercontinental Real Estate
Morgan Stanley PPF
W.P. Carey Real Estate
PRIVATE EQUITY
Ascent Fund II
Ascent Fund V
Ascent Fund IV
Boston Capital
Concord Partners
Invesco Partners IV
Foundry
Castile Vantures III
AIG PEP V
PRIM Vintage Year 2008
PRIM Vintage Year 2009
PRIM Core Fund
Wellington Opportunistic Investment
PIMCO All Asset
REAL ESTATE
BlackRock Realty AVF III
Intercontinental Real Estate
Morgan Stanley PPF
W.P. Carey Real Estate
PRIVATE EQUITY
Ascent Fund II
Ascent Fund V
Ascent Fund IV
Boston Capital
Concord Partners
Invesco Partners IV
Foundry
Castile Vantures III
AIG PEP V
PRIM Vintage Year 2008
PRIM Vintage Year 2009
HEDGE FUNDS / ABSOLUTE RETURN
PRIM Absoute Return Fund
  PRIM Absoute Return Fund







