Jennison Slated to Replace Baillie Gifford in DC Fund

The ARMB agenda includes an action to substitute Jennison for Baillie Gifford as the International Growth manager in the DC International White Label Fund. This change would shift the defined contribution plan’s non‑U.S. growth equity mandate to Jennison, aligning the DC lineup with broader ARMB manager changes. The move follows staff’s recommendation to terminate Baillie Gifford and add Jennison as a replacement manager.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Repurposes an existing DC International White Label Fund mandate from Baillie Gifford to Jennison; future renewal terms not described.

Document type

AgendaPacket

Source document

Alaska Retirement Management Board Meeting Agenda March 2026

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City of Midland Police & Fire Retirement Board Minutes 2026-06-17

APPROVED

Town of Midland charter, Michiganapproximately $90,000 (portion of new monthly funding source)Jun 17, 2026

Alaska Retirement Management Board Agenda Board of Trustees Meeting 2026-06-10

AWARDED

Alaska Department of Revenue, AlaskaUp to $600 million (initial assets)Jun 10, 2026

Alaska Retirement Management Board Meeting Agenda March 2026

Alaska Retirement Management Board Meeting Summary March 2026

PENDING

Alaska Department of Revenue, AlaskaUp to $600 million in initial assetsMar 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alaska Department of Revenue?

JENNISON was awarded this financial services contract by Alaska Department of Revenue, as recorded on March 19, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Alaska Retirement Management Board Meeting Agenda March 2026 (AgendaPacket), dated March 19, 2026 from Alaska Department of Revenue. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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