LACERS Investment Philosophy

LACERS manages its investment portfolio by diversifying its holdings.  What that means is that our basket of assets is invested across a number of buy-and-hold strategies that are designed to behave somewhat independently from one another (reducing risk), and allows the LACERS investment portfolio to withstand the worst of unpredictable market headwinds. Rather than a frequent trading approach, the LACERS Board takes a long-term strategic approach to establishing a diversified asset allocation policy that is relevant for current and future market conditions. Assisting the Board is a highly qualified team of investment staff and consultants who ensure that all relevant financial and economic information is considered by the Board when they make key investment decisions.