Oklahoma Police reports losses in March, quarter

Oklahoma Police Pension and Retirement System, Oklahoma City, returned -1.10% on investments in March and -4.69% for the first quarter, according to the $1.73 billion fund’s website. The quarterly loss was still ahead of the fund’s custom benchmark return of -5.59% for the period. Equities dropped 7.62% since Jan. 1, while fixed income slipped 0.26%. Real assets rose 4.28% in the quarter, despite a -3.04% setback in March. At the end of March, the fund’s asset allocation was 19.8% global fixed income, 18.9% large-cap equity, 14.5% long/short equity, 12.5% low-volatility fixed income, 12% international equity, 9.2% private equity, 8% smidcap equity, 4.9% real assets and the rest cash.