Ohio School Employees Retirement System, Columbus, will conduct an asset allocation study, pending approval of the $7.3 billion plans board of trustees at its July 18-19 meeting. A study is conducted every three years, said Doug Sisson, director of investments.
Separately, the plan hired Mellon Trust as master record keeper and investment accountant, functions that had been handled internally, Mr. Sisson said. Plan officials felt Mellon could handle those responsibilities more efficiently, said Mr. Sisson. Frank Russell assisted in the search.