joe atkins least according to their track record of investing [inaudible] >> thank you, anymore discussion? commissioner driscoll. >> the weights in the first round 25 percent, i call it 50 quality and 50 percent quantity. i go to pages 28 and 29 of the pc report, the information ratio number, i understand the lack of persistence in the public sector, by my question is what do we look for? look frg the [inaudible] excess returns-i look at the information ratio and we pay for the risk but there is a spread there. i want guidance. i know you can't tell us who you will recommend, but what are we look frg and hope to achieve? >> that is a good question. we are very comfortable with the managers we added to the mix and i would note the 2 [inaudible] are on review so we'll explore the reason we put them on the review further. with regards to what we are looking for as far as-we'll look to consider the more conservative products a. fixed income portfolio has a ton of exposure which includes managers [inaudible] oak tree for high yield and [inaudible] gmo and [inaudible] therefore, we'll look for

joe atkins least according to their track record of investing [inaudible] >> thank you, anymore discussionscoll. >> the weights in the first round 25 percent, i call it 50 quality and 50 percent quantity. i go to pages 28 and 29 of the pc report, the information ratio number, i understand the lack of persistence in the public sector, by my question is what do we look for? look frg the [inaudible] excess returns-i look at the information ratio and we pay for the risk but there is a spread there. i want guidance. i know you can't tell us who you will recommend, but what are we look frg and hope to achieve? >> that is a good question. we are very comfortable with the managers we added to the mix and i would note the 2 [inaudible] are on review so we'll explore the reason we put them on the review further. with regards to what we are looking for as far as-we'll look to consider the more conservative products a. fixed income portfolio has a ton of exposure which includes managers [inaudible] oak tree for high yield and [inaudible] gmo and [inaudible] therefore, we'll look for more core like man

joe atkins least according to their track record of investing [inaudible] >> thank you, anymore discussion? commissioner driscoll. >> the weights in the first round 25 percent, i call it 50 quality and 50 percent quantity. i go to pages 28 and 29 of the pc report, the information ratio number, i understand the lack of persistence in the public sector, by my question is what do we look for? look frg the [inaudible] excess returns-i look at the information ratio and we pay for the risk but there is a spread there. i want guidance. i know you can't tell us who you will recommend, but what are we look frg and hope to achieve? >> that is a good question. we are very comfortable with the managers we added to the mix and i would note the 2 [inaudible] are on review so we'll explore the reason we put them on the review further. with regards to what we are looking for as far as-we'll look to consider the more conservative products a. fixed income portfolio has a ton of exposure which includes managers [inaudible] oak tree for high yield and [inaudible] gmo and [inaudible] therefore, we'll look for