Roughly $6 billion could flow into alternative investment strategies as a result of California State Teachers’ Retirement System latest asset liability management study completed last autumn.
Trustees for the $254 billion pension fund are slated to discuss the implementation plan for the new asset mix at the January 30 investment committee meeting in Sacramento.
The target allocation for global equity has been decreased to 42% from 47%, while the targets for real estate increase by 2% and risk mitigating strategies grew by 1%. Another 2% has been set aside for inflation sensitive investments.
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