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Audit Commission approves March 31 investment report after Chandler Asset Management briefing
Summary
On April 23, 2026, the Tustin City Audit Commission unanimously approved the city's March 31 quarterly investment report after a market and portfolio briefing from Chandler Asset Management. The presentation noted market volatility in March but positive rolling performance and policy compliance.
The Tustin City Audit Commission on April 23 unanimously approved the March 31, 2026 quarterly investment report after a presentation from Chandler Asset Management.
Carl of Chandler Asset Management reviewed recent market moves and their effect on the citys portfolio, saying the Federal Reserve had left its benchmark rate at 3.50 to 3.75 percent and that recent geopolitical developments had pushed headline inflation higher. "The total market value of all reported financial assets as of March 31 was 246,632,000," Carl said, and he noted the firms view that rate reductions…
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