Kentucky Retirement Systems, Frankfort, will begin an asset-liability...

Kentucky Retirement Systems, Frankfort, will begin an asset-liability study near the end of January, according to John Krimmel, CIO. The $14.6 billion pension fund conducts an asset-liability study every five years, he said. Strategic Investment Solutions will assist with the study, which will be completed in early spring. It's too soon to say whether changes to the asset allocation or manager lineup could result, Mr. Krimmel said.