Tuesday, 26 July 2016
Last updated 33 min ago
Jan 13 2006 | 8:25pm ET
The board of the Ohio State Teachers Retirement System is considering increasing its allocation to alternatives, real estate and international equities after an asset/liability study completed in November.
Laura Eckler, spokeswoman for the $59 billion plan, said the money for the new investments will come from the plan's domestic equities portfolio.
The board has also issued an RFP for up to three consultants to advise the plan on asset allocations, alternatives and real estate. The contract of incumbent Russell Investment Group is set to expire; the firm was asked to re-bid. Proposals are due Jan. 27, and the plan aims to select a consultant by April.