Investment Committee of the Board of Trustees of the Employees' Retirement System of the State of Hawaii Minutes
The committee held an election for the positions of Chair and Vice Chair. Discussions included a review of the Investment Committee Charter, the annual performance assessment, and the adoption of an annual investment workplan. A presentation was provided regarding the total fund performance for the portfolio, as well as a review of the diversifying strategies portfolio. Additionally, the committee engaged in an educational session on total-portfolio risk budgeting and subsequently approved an active risk budget.