- Charitable GivingAs a Fidelity Charitable Trustee, Chair of the Fidelity Charitable Trustees’ Initiative, and member of the Governance Committee, for example, D’Amato and her board colleagues are charged with growing philanthropy by making charitable giving accessible, simple, and effective. As the nation’s top grant maker, distributing $10.5 billion to 190,000 charities in 2022, Fidelity Charitable donors maximize their generosity through a donor-advised fund called the Giving Account.
- Investment ManagementIn accordance with the provisions of G.L. c. 32, s.23 (2A)(a), the Pension Reserves Investment Management Board is responsible for the administration of the election of an employee or retiree who is a member of the State Retirement System and the Teachers’ Retirement System to serve on the Pension Reserves Investment Management Board.
- Bonds
- Retirement PlanningPRIM is recognized by its peers and the investment industry as one of the world’s preeminent public pension plans. During its more than 30-year history, while weathering many volatile economic and market cycles, the PRIT Fund has achieved an average annual return that has exceeded both its benchmark and its actuarial target rate of return as established by the Commonwealth.
- Asset ManagementWe are focused on building a portfolio that maximizes our probability of achieving the actuarial rate of return while minimizing risk and cost. We believe that evaluating any investment and any portfolio must focus on three equally important parameters: return, risk, and cost. As a result of those beliefs, we don’t make tactical asset allocation decisions or investment decisions based on market or economic predictions. Instead, we engineer a strategic, long-term asset allocation policy that we construct to stand the test of a long-time horizon.