Orange County Employees Retirement System, Santa Ana, Calif., allowed...

Orange County Employees Retirement System, Santa Ana, Calif., allowed PIMCO to increase its non-U.S. core-plus bond investments to 25% from 10%, said Keith Bozarth, CEO. PIMCO manages $386 million in the portfolio for the $5 billion system. Also, Dodge & Cox was permitted to invest up to 20% of its $230 million large-cap value equity portfolio in U.S.-listed equity securities domiciled internationally.