FINANCIAL_SERVICESRECOMMENDED

ARMB Staff Recommend Termination of Baillie Gifford Mandate

Staff of the Alaska Retirement Management Board recommended terminating the longstanding International Growth mandate with Baillie Gifford due to organizational concerns. The action item to end the investment management relationship appears on the March 19, 2026 equity investment agenda. This would close out a mandate in place since 2014 covering international growth equities for ARMB and related DC plans.

Document date · March 19, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Since 2014; termination recommended and action scheduled March 19, 2026
Renewal
Mandate initiated in 2014 for fundamental aggressive growth international equity; staff now recommend full termination rather than renewal or continuation.
Document type
AgendaPacket
Source document
Alaska Retirement Management Board Meeting Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

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

Baillie Gifford 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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