(BISMARCK, ND) – The North Dakota State Investment Board has a new asset allocation advisor.
“NEPC will serve as a thought partner to assist the State Investment Board in managing the asset allocation process for its client funds. Their engagement will help establish a standardized, robust, and customized process for reviewing investment strategies,” said Jan Murtha, Retirement and Investment Office (RIO) Executive Director.
An investment consultant brings a disciplined, data-driven approach to managing investments, ensuring decisions are informed by both current market dynamics and long-term financial principles. This collaboration underscores the SIB’s commitment to supporting its client funds in achieving their long-term financial objectives.
Scott Anderson, the RIO Chief Investment Oficer, calls the announcement ‘an exciting step forward.’
