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Retirement board approves three-year contract for trading-cost and FX reporting vendor
Summary
The Police and Fire Retirement Board voted to authorize staff to hire ACA to provide trading cost analysis and foreign-exchange reporting under a three-year contract expected to cut current costs by more than half.
The Police and Fire Retirement Board voted to authorize staff to hire ACA to provide trading-cost analysis (TCA) and foreign-exchange (FX) reporting under a three-year contract that would run through June 30, 2028.
Board Chief Investment Officer John opened the investment portion of the meeting with portfolio performance figures and then turned to staff recommendations on vendor selection. Christina, a member…
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