Oklahoma Public Employees Retirement System, Oklahoma City, returned 12% for the fiscal year ended June 30, 100 basis points above its custom benchmark, said Tom Spencer, executive director.
Domestic equity returned 22.7%, followed by international equity, 13.9%, and fixed income, -1%. Within domestic equity, active strategies returned 28.9% and passive, 20.9%. Mellon Capital Management and State Street Global Advisors' enhanced index strategies returned 23.3% and 21.3%, respectively.
The $7.4 billion pension fund has an asset allocation of 40% domestic equity, 36% domestic fixed income and 24% international equity.