The Ohio School Employees’ Retirement System
has announced plans to rebalance $500 million in its hedge fund
portfolio over the next two years.
The $11 billion school employee fund’s
investment staff announced the hedge fund rebalancing effort in
October, but officials will proceed slowly because they are
beginning an asset/liability study with the results due early
in 2013, according to Tim Barbour, spokesman for the retirement
fund. The results of the study...