Hedge fund assignments grow at the public pension fund regardless of funding challenges
By Ann C. Logue
The board and management of the School Employees Retirement System of Ohio (Ohio SERS) are working hard within tight circumstances. Ohio’s governor, John Kasich, took office in January of this year and has made reform of the public-employees unions a key part of his platform. He has proposed changing the contribution formulae, causing much consternation among workers and retirees.
No matter what happens at the Columbus statehouse, Ohio SERS continues to meet its obligations through a sophisticated investment programme that includes an allocation to hedge funds that was added