City of Hemet Investment Oversight Committee Meeting Agenda Packet April 2026
Committee Discusses Potential Reallocation to BNY Portfolios
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Description
The Investment Oversight Committee discussed reallocating funds from local government investment pools into BNY-managed 1–3 and 1–5 year investment portfolios, as recommended by Public Trust Advisors. No formal action or amount was approved at this meeting.
Contract Details
Vendor
BNY
Agency
City of Hemet, CA
Contract Type
FINANCIAL_SERVICES
Document Date
April 23, 2026
Renewal Info
Potential adjustment of allocations to existing BNY 1–3 and 1–5 year portfolios was discussed but not acted upon.
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