Orange County Employees' Retirement System , Santa Ana, Calif., may...

Orange County Employees’ Retirement System, Santa Ana, Calif., may conduct an asset-liability study in the fall that could lead to small changes in its asset allocation, said Keith Bozarth, CEO. The $4.4 billion system has 34% of assets in domestic fixed income, 33% in domestic stocks, 14% in international stocks, 9% in real estate, 5% in international fixed income and 5% in alternatives.