Ohio School Employees Retirement System, Columbus, will issue RFIs in November for two enhanced equity index managers to handle $250 million each, and an RFI for an active emerging markets growth equity manager to manage $50 million. The $9 billion fund is adding its first enhanced index managers to beef up returns in a risk-averse manner, said Julie Graham-Price, spokeswoman. Ms. Graham-Price said system officials want to diversity its emerging markets equity portfolio, which does not have a growth equity manager. Fund officials do not want manager inquiries until the RFIs are posted at www.ohsers.org, Ms. Graham-Price said. She did not have a time frame for when managers would be selected.
Additionally, Pareto Partners and Barclays Global Investors were hired to handle $200 million each in the fund's currency overlay program, said Ms. Graham. The search was launched at the beginning of the summer. Russell Investment Group assisted.