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Simsbury retirement subcommittee finds no change needed after capital-markets review
Summary
Consultants reviewed fourth-quarter results and a year-end asset-allocation exercise, flagged concentration in large-cap U.S. equities and modest forward return expectations, and recommended no changes to standing allocation targets.
Simsbury — The Retirement Plan Subcommittee reviewed fourth-quarter performance and a year-end capital-markets re‑test on Feb. 4 and concluded no adjustments to the standing allocation targets were necessary after considering market concentration and modest forward return expectations.
Consultants presented portfolio-level analysis and market context, saying the committee’s current asset mix continues to meet the committee’s goals. Chris, presenter, told the committee: "It doesn't look like from our standpoint, it rises up to the level of any type of action needed on the existing allocations, but it's a good verification…
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