Ohio School Employees Retirement System, Columbus, made two new investments totaling $60 million, pension fund spokesman Tim Barbour said in an email.
The $14.5 billion pension fund invested $30 million each to Parametric Defensive Equity Fund, an alternative risk premia strategy managed by Parametric Portfolio Associates, and PineBridge Global Dynamic Asset Allocation, a multiasset strategy managed by PineBridge Investments.
As of Aug. 31, the pension fund's multiasset strategies allocation was 8%; the target is 10%.