Tallahassee (Fla.) Pension Plan is conducting an asset allocation study, confirmed Kent Olson, the city's deputy treasurer-clerk.
The $1.1 billion pension fund conducts such a study every four or five years, Mr. Olson said. The pension fund rehired investment consultant Segal Rogerscasey in February following the expiration of its contract at the end of 2012.
Mr. Olson said the investment consultant is not looking at any new asset classes. He expects the study to be completed in August or September.
As of Sept. 30, the plan's asset allocation was 48.02% domestic equities, 26.84% fixed income, 13.57% international equity, 11.49% real estate and 0.08% cash.
