Oklahoma Police Pension & Retirement System , Oklahoma City, is...

Oklahoma Police Pension & Retirement System, Oklahoma City, is considering an initial real estate investment of up to 5% of the $1.4 billion pension fund's assets, said Robert J. Wallace, executive director. He said discussion of a real estate mandate is the result of an asset allocation study conducted earlier this year by plan consultant Asset Consulting Group in conjunction with the system's board. A manager search might not take place until the first quarter of 2006, he said. Plan officials have not determined a source of funding, he said.