OCERS Goes Global with New Allocation

By Marc Sorondo

July 28, 2008

Investments in global equity will now be included in the Orange County Employees Retirement System' (OCERS) portfolio, Robert Kinsler, spokesman for the $8 billion California plan, told IMW. 'The board of retirement did approve an investment committee recommendation to create a separate allocation to global equity, with the funding for the mandate coming primarily from passive domestic equity,' Kinsler explained.

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