Agency
Arkansas Teacher Retirement System
Date
Original file
06-02-25_BOT_Packet.pdf
Page or location
Physical PDF pages 149–150
Published excerpt
Pages reproduced in full; no campaign masking applied.

Open document excerpt (PDF)

Read the two pages together

Page 149 advises ATRS to use an investment manager, compares BlackRock and Reams, recommends Reams based on the proposed fee, and notes limited marketability.

Page 150 assigns the merits of the investment and the choice of any individual security to ATRS trustees.

Together, the pages show the division of responsibility: Aon designed the implementation route, while trustees owned the financial case for the investment.

Read the ATRS finding → Open Resolution 2025-22 →