STATE COMPENSATION INSURANCE FUND
BOARD OF DIRECTORS
Investment Committee
May 16, 2013
8:30 am
State Compensation Insurance Fund Office
3247 West March Lane
Stockton, CA 95219
COMMITTEE MEMBERS
Sen. Michael J. Machado (Ret.), Chair
Marvin Kropke
Scott K. Reid
Francis E. Quinlan (Alternate)
| OPEN SESSION | Thursday, May 16, 2013 @8:30 a.m. |
|
| Action/Michael Machado | 1. | Call to Order and Roll Call |
| Action/Michael Machado | 2. | Antitrust Admonition |
| Action/Michael Machado | 3. | Approval of February 14, 2013 Open Meeting Minutes |
| Action/Stephanie Chan | 4. | Approval of Investment Transactions |
a. |
Bond Transactions | |
b. |
Compliance Report | |
Information/Stephanie Chan |
5. | Report on Bank Accounts and Cash Management Holdings |
Information/Stephanie Chan |
6. | Report on Long-term Investment Holdings held by the State Treasurer’s Office |
Action/Peter Guastamachio |
7. | Annual Review of Investment Committee Charter |
Information/Deutsche Asset Management |
8. | Market Outlook and Economic Update |
| Information/Michael Machado | 9. | Public Comment on Appropriateness of Closed Session for Items 12 through 15. |
Information/Michael Machado |
10. | Public Comment |
| CLOSED SESSION | ||
| Action/Michael Machado | 11. | Approval of February 14, 2013 Closed Meeting Minutes |
| Information/Deutsche Asset Management | 12. | Investment Manager’s Investment Strategy [Government Code Section 11126(j)(4)] |
| Information/Peter Guastamachio | 13. | Portfolio Performance Results [Government Code Section 11126(j)(4)] |
Information/Peter Guastamachio |
14. | Annual Review of Investment Manager’s Performance, Services and Results [Government Code Section 11126(j)(4)] |
Information/Michael Machado |
15. | Financial and Investment Considerations Related to the Strategic Plan |
a. |
Review of Investment Policy Statement and Guidelines | |
| OPEN SESSION | 10:00 a.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Michael Machado | 16. | Call to Order and Roll Call |
| Action/Michael Machado | 17. | Approval of Investment Policy Statement and Guidelines |
| Information | 18. | Committee Member Presentations |
| Information/Michael Machado | 19. | Proposals and Suggestions for August 14, 2013 Agenda |
| Next Committee Meeting: August 14, 2013 at the Marriott Marquis, San Diego | ||
| Note: Items designated for information are appropriate for Board/Committee action if the Board/Committee wishes to take action. Any agenda item from a properly noticed Committee meeting held immediately prior to this Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item. | ||
