July 8 2026 - EPPAC Meeting PT 2

The City of Conway, Arkansas held an EPPAC meeting on July 8, 2026, during which representatives from Meridian presented a quarterly investment portfolio report. The portfolio showed strong performance, growing from $18.7 million a year ago to over $21 million, with a notable 9% increase in the quarter driven primarily by stock market gains. The discussion highlighted asset allocation strategies, including a high allocation to stocks and recent repositioning toward sectors tied to long-term growth themes such as semiconductors, AI, and healthcare. The report also covered international market exposure adjustments due to regulatory changes, and the impact of inflation and rising interest rates on bond yields. While no direct procurement or contracting decisions were discussed, the meeting provided insights into investment management and economic factors influencing the city's financial portfolio. The meeting concluded with a motion to adjourn.