Sterling Heights (Mich.) Police & Fire Retirement System will...

Sterling Heights (Mich.) Police & Fire Retirement System will reallocate 5% of its total assets from domestic to international fixed income, said Michael E. Glick, secretary of the board. Deutsche Asset Management will continue to manage the system’s entire $90 million fixed-income portfolio. The $180 million pension plan’s asset allocation is 20% domestic large-cap value equities, 20% domestic large-cap growth equities, 10% international equities, 45% domestic fixed income and 5% international fixed income.