Global Equities

Unlike its region-specific equity portfolios, ATRF’s global portfolios have a mandate to seek out the most attractive investments anywhere in the world. The two global portfolios are externally managed by large firms with strong investment and research capabilities across all sectors and geographies. 2006-07 represented the first full fiscal year of global mandates at ATRF, with both managers delivering positive results. Taken together the global portfolios returned 13.1%, which exceeded the 11.5% return of the benchmark Morgan Stanley Capital Global Index.