Oklahoma Firefighters' Pension & Retirement System, Oklahoma City...

Oklahoma Firefighters' Pension & Retirement System, Oklahoma City, hired J.P. Morgan Fleming Asset Management to run $40 million in core real estate, a new allocation, said Herb Bradshaw, assistant director. The $1.4 billion system will fund the move by reducing fixed income, Mr. Bradshaw said; officials have not determined which portfolios will be affected. The system's current asset allocation is 54% domestic equity, 37% fixed income and 9% international equity. Asset Consulting Group assisted.