Listen to the Tuesday 9-15-20 Meeting of the Regents

At the Tuesday session of the Regents, two committees - Investments and Special Needs - had their meetings. The Investments Committee meeting started with public comments. Topics covered included abortion, contracting out and layoffs at UC, police, coronavirus testing, prison investments, and animal rights. There were comments on both sides (pro and con) concerning the Hawaiian telescope. The Investments Committee primarily discussed returns on the various portfolios. Although no one specifically commented on it, the pension portfolio seemed to underperform the self-selected benchmarks. A proposed change in portfolio guidelines appeared generally to tilt to somewhat more risk (more equity, less secure fixed investments). The Committee (and the Regents as trustees) would benefit from an institutionalized devil's advocate function. Otherwise, the meetings typically involve elaborate presentations followed by comments that range from praise to general observations.

The Basic Needs Committee has a draft report and took comments from participants as to changes and additions. There were issues about the interface between county offices that handle what used to be called "food stamps" and other services and campus offices.

You can hear the discussion by going direct to:
https://archive.org/details/investments-committee-special-committee-on-basic-needs

or at player below: