Colorado PERA adds Lehman index portfolio

Colorado Public Employees' Retirement Association, Denver, added a Lehman Aggregate index mandate, the amount of which has not been determined, said Katie Kaufmanis, spokeswoman. Officials for the $29.4 billion system are interviewing finalists and hope to choose a candidate by the end of July; Ms. Kaufmanis declined to identify the contenders. Funding will come from cash. The system's current fixed-income target is 25% of total assets, and it currently has 20% of assets in active fixed income.