The Legislative Audit Bureau makes 3 recommendations to the State of Wisconsin Investment Board.

We recommend the State of Wisconsin Investment Board:  

1. provide specific information on external investment management fees in its annual financial report; (p. 10)
2. provide specific information on external investment management fees to the Department of Employee Trust Funds to assist it in transparently reporting external investment management fees in its financial reporting; (p. 10) and
3. report to the Joint Legislative Audit Committee by November 30, 2022, on the status of its efforts to implement these recommendations. (p. 10)