CLARIFICATION: Staff of the $31.5 billion Public Employees' Retirement Association of Colorado, Denver, have not determined funding sources for the new EAFE index manager being sought by the fund, said Katie Kaufmanis, director of communications. Incorrect information about the funding source was printed in the Jan. 11 P&I Daily.
Ms. Kaufmanis also clarified that the board of trustees will not hire an EAFE index manager or an additional emerging markets manager at its Jan. 21 meeting; the Jan. 11 item indicated that they might. In addition, she said PERA trustees decided at their October meeting to increase the fund's emerging markets allocation by 2.5% to 6.5% of its $5 billion international equity portfolio; the Jan. 11 item did not provide the range for the allocation.
