Chicago Metropolitan Water Reclamation District Retirement Fund will hear results of an asset allocation study at its Oct. 22 board meeting, said Susan Boutin, executive director.
The study is being done by Marquette Associates, which wanted to conduct the study after it was selected as investment consultant in May. All asset classes are being considered.
As of June 30, the $1.3 billion pension fund had an asset allocation of 56.3% domestic equities, 33.9% fixed income and 9.8% international equities. The target allocations are 55% domestic equities, 35% fixed income and 10% international equities.