Trustees Of The Boston Public Library Meeting

Evelyn Arana-Ortiz, Chair

Evelyn Arana-Ortiz, Chair

Ellen Donaghey, Chief Financial Officer

VOTED:         that, the Trustees Finance and Audit Committee recommend

the Trustees of the Public Library of the City of Boston delegate                                                          

approval for award of all contracts valued at less than $100,000 to Trustees Finance and Audit Committee.  

Sebastian Grzejka, Senior Consultant, NEPC

Ellen Donaghey, Chief Financial Officer

Review of Status of Asset Allocation and Multi Sector Fixed Income Search

Review of State Street Global Advisors (SSGA) US Treasury Inflation Protected Security (TIPS) Index StrategyVOTED

VOTED:         that, the Trustees Finance and Audit Committee approve the reallocation of ten percent of the Core Bond portfolio to the SSGA TIPS index fund

Review and Presentation of Multi-Sector Fixed Income Managers

Payden & Rygel presentation (8:15- 8:35 a.m.)

Jeff Murphy and Elizabeth Westvold

Loomis, Sayles, & Company, L.P. presentation (8:40-9:00 a.m.)

Fred Sweeney and John Meyer

Manulife Asset Management (9:00-9:20 a.m.)

Dan Janis, Dave Zielinski and Nancy Irving

Review and Selection of Multi-Sector Fixed Income Manager