Iowa Public Safety Peace Officers' Retirement, Accident and Disability System, Des Moines, rehired NEPC as investment consultant.
The $807 million system's board approved the action at its Feb. 21 meeting, said Karen Austin, chief of staff at the Iowa state treasurer's office, which oversees the system.
The pension fund issued an RFP in September due to the upcoming expiration of NEPC's contract, Ms. Austin said. The other finalist was Callan.
As of June 30, the pension fund's actual allocation was 31% international developed markets equities, 27% domestic large-cap equities, 17% domestic smidcap equities, 16% fixed income and 9% real estate.
