Omaha (Neb.) Police and Fire Retirement System might conduct an asset allocation study, said Carol Ebdon, the city's finance director. The investment committee of the $414 million pension fund discussed the matter recently and could discuss it further at a meeting in July; a date for the July meeting has not yet been determined. The committee is considering the study to see if the fund's "current targets are the right ones," said Ms. Ebdon. DeMarche Associates would assist.
The pension fund's target asset allocation is 55% domestic equities, 25% domestic fixed income and 10% each in international equities and real estate. The current allocation is "pretty close" to the target, Ms. Ebdon said.