Oklahoma City Retirement System is looking for an active domestic fixed income manager, said Rena L. Hutton, retirement systems manager; the amount of the portfolio has not been determined. The $332 million pension plan will fund the new portfolio by reducing or terminating a $57 million active domestic fixed income portfolio managed by Hoisington; the changes are not due to performance, she said. A selection will be made at the plans Sept. 9 board meeting, she said.
The plans asset allocation is 56% equity and 44% fixed income. Asset Consulting Group is advising.