Public School Retirement System of Missouri, Jefferson City, will invest about $100 million each in RREEF America II and Morgan Stanley Prime Property, both core open-ended commingled funds, as part of the plan's $1 billion allocation to real estate, said Craig Husting, CIO. The $25 billion system issued an RFP in October. Funding for the new hires will come from reductions to fixed income, but officials have not yet determined which portfolios will be trimmed. The plan already allocated $375 million to the asset class; no timetable has been set for additional real estate investments. Townsend Group is assisting.