Supervisors, or the mayor to take action. Commissioner ortizcartagena, september 9 we will have a resolution based upon your request about conducting an Economic Analysis around the card sharing a delivery act and its effect on Small Business. That way we will articulate, and outline, the shape of what the Economic Impact or analysis should be. What has not been scheduled, our trailing new business items that have come up over the last year are commissioner dooley has requested a presentation. Commissioner. For requesting a presentation from the district attorneys crime strategies unit, and commissioner zouzounis you asked for a presentation of training on Small Businesses on how to prepare for rfps. What is on the docket as well, which falls more on the policy side is online retailers, a policy document to determine whether an economic threshold needs to be established for online retailers. That is a good one to formula retail. The Planning Department has made it clear they deal with
They are blocked from buying the securities. I just wanted to highlight that there are already decisions made so that you can implement this in a very efficient manner. Finally, if you will turn to the last slide, we will just summarize the next steps in terms of confirming that it works with the planning document and we have confirmed that we have already worked with t. D. Ameritrade on setting up a process for ongoing, and it is just a look to see if participants start using it, we are at 195, currently. We will continue to monitor the fees that are charged, and we have looked at that. Again, it is very competitive and favourable. And then we will run those quarterly screens just to make sure theres nothing that pops up on that restricted list that i already outlined. That is the ongoing process. And they have set up a system that will identify any security that might go to a pink sheet or have some sort of reregistration security, which can happen in various situations. And we will
About this item . We are in meeting is back in session. We will recognize a commissioner for emotion regarding the closed session. I make a motion not to disclose. It was seconded to do not to not disclose. Is there any Public Comment . My name is john, i am a 44 year member of our pension scheme. If theres any policeman on our board, you might be interested in what i have to say today. Willie sutton was a Notorious Bank Robber in the 1980s. When he was caught, they asked him why he robbed banks. His reply was, thats where the money is. The Hedge Fund Industry are not bank robbers, but they are modernday highway robbers. The definition of modernday highway robber is by excessive profit by high risk investment. If you ask the Hedge Fund Industry when they rip off local pension funds, they will say, that is where the big money is. If you put one more dollar in hedge funds, you are likely to get a report. It is titled a giant pile of money. Should be downloaded. I have said it before and
Summer is not a time off for a lot of people in our office. Weve been very busy this month, doing our annual performance and goalsetting process for the f. Y. 19, and setting there has been a lot from my experience, a lot of really valuable thought and conversation that has been going into that. Ive very much appreciated the staffs focus. It is a busy time for us, but i think it is a very helpful and important way to make sure were having mindful conversations about our work and how we Work Together to serve the public. Thats something i wanted to provide some in sight insight into that and id be happy to answer any questions. In terms of open positions, i think there are four currently open. Do we have d. H. R. Resources to help us fill those positions . Yes, in this budget year with a memorandum of understanding, and theyre providing us some parttime hours. We were not able to get the full range of contract that we had hoped to with our budget limitations. But we have very strong sup
The relative results relative to the benchmark. We did add that two new funds, the 2060 and 2065 funds. They will show up performance next quarter. They started in april. Looking at the core lineup on slide 14, this is what we call our stoplight sheet and you will see, just in terms of definitions here, the legends down at the bottom righthand side, the green means it is in the top half relative to peers, yellow is in the third quartile, red is in the fourth quartile, and this is a very favourable report. One is the absolute returns have been very strong, next to each return is the actual ranking. For instance, the social equity fund ranks as the top performer in that category. You will note that there is some read in the active equity. So it is three quarters the way down and third from the bottom. This is really a valley oriented discipline valueoriented discipline manager managed by fidelity. A low stock fund. They are finding value overseas right now. It is up to 40 in internationa