Tuesday, 24 May 2016
Last updated 22 min ago
Jun 30 2006 | 3:22pm ET
The $1.2 billion Stanislaus County (Calif.) Employees Retirement Association may soon adopt a new asset allocation mix that will include adding real estate and private equity for the first time. Tom Watson, administrator, said the plan's consultant, Strategic Investment Solutions, has presented a few asset mix scenarios, but the plan has yet to make a decision on the recommendations, which are part of an ongoing asset study.
SIS will present the asset liability study at next month's meeting. Currently, the fund only invests in international and domestic equities and fixed-income.