Pennsylvania Public Schools adds risk parity with latest asset allocation

Thu May 3, 2012




The Pennsylvania Public School Employees Retirement System added risk parity for a new asset allocation to be implemented by July 2012.

The risk parity allocation will total 5% of the $48 billion retirement fund. Of that amount roughly 2.5% will be allotted to external managers, but nothing definitive is in place yet regarding manager search plans.

The pension...

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