Illinois State Board of Investment is in the midst of a strategic asset allocation review, which is expected to be finished in July, said Jane Patterson, executive director. She said she expects changes, but it's too early to say where they might occur.
The fund's strategic allocation is: 35% U.S. equities; 10% international equities; 10% global equities; 35% U.S. fixed income; 5% real estate; and 5% alternative equities. Hewitt is assisting.