Trustees of the Chicago Park Employees' Annuity & Benefit Fund probably will review the fund's asset allocation within the next two to three months, said Joseph Fratto, executive director. It has been close to three years since the $475 million fund's last allocation review, about the time the fund usually does one, he said. Ennis Knupp, the fund's consultant, will assist with the review.
The fund's current allocation is 45% U.S. equities, 5% non-U.S. equities, 45% U.S. bonds and 5% real estate.
