Oklahoma Law Enforcement Retirement System, Oklahoma City, is considering an asset allocation study after completing a consultant search for its $450 million fund, said Mary E. Hanning, executive director.
The current mix is 50% domestic equities, 35% domestic fixed income, 10% international equities and 5% real estate. A decision is expected by December.
Separately, Ms. Hanning said, the fund plans to search for a small-cap growth U.S. equity manager once a consultant is hired.