CalSTRS is scheduled to vote on the adoption of a new asset allocation for the $170 billion fund this week. The proposed asset mix, with an expected median 10-year annual return of 7.2% and a standard deviation of 12.7%, would be implemented in four steps "upon the investment opportunities available." The biggest change to the proposed mix is the 550-basis-point increase to inflation-sensitive assets, which the fund says mostly consists of U.S. TIPS and infrastructure investments. In agenda materials for its Sept. 10 meeting, CalSTRS specifically highlights its need for increased staffing and structure around infrastructure investments in the coming years.