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Campbell adopts annual investment-policy update after portfolio briefing from Chandler Asset Management
Summary
Council unanimously approved the FY25–26 update to the city's investment policy after hearing that the portfolio currently yields about 4.10% and has outperformed its benchmark by roughly 28 basis points; staff emphasized a one- to five-year strategy to lock in attractive rates ahead of expected Federal Reserve cuts.
The Campbell City Council unanimously adopted the city’s annual investment policy update on Sept. 16 after a staff briefing and a portfolio presentation by Chandler Asset Management.
Will Fontes introduced the item as a limited update to the investment policy. Aaron, portfolio manager with…
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