Shelby County Retirement System, Memphis, Tenn., will conduct an asset allocation study within the next month, said David Pontius, manager of pension investments. A study is conducted annually, he said. The $700 million pension fund’s current allocation is 45% fixed income and 55% equity; 95% of overall equity is in active domestic large-cap growth and value investments, and 5% in active international large-cap growth and value investments.
It is too early to tell if a change in managers or allocation could result from the study, Mr. Pontius said.
Consulting Services Group is assisting.
