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Ohio Highway Patrol PF To Alter Targets

Columbus-based Ohio Highway Patrol Retirement System is raising its target distributions to international equity, alternatives and fixed income.

Columbus-based OhioHighway Patrol Retirement System is raising its target distributions to international equity, alternatives and fixed income, Pensions & Investments reports. Targets to fixed income and alternatives will each increase to 22.5% from 20% and international equity to 20% from 15%.

The $762 million system will lower the targets to U.S. equity from 45% to 35%. Separately, the firm has selected finalists for a global fixed-income custodian to manage a $35 million mandate.

Click here for the story from Pensions & Investments.

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