Ohio BWC Postpones Searches

By Jakema Lewis

September 8, 2008

The Ohio Bureau of Workers' Compensation (BWC) has placed all RFP issuances on hold, pending the results of an asset/liability study, CIO Bruce Dunn told IMW last week. In June, Dunn told IMW that the board had approved nearly $7 billion in searches for U.S. equity and fixed-income managers (See IMW, 6/9/08). At that time, the BWC was still finalizing the details, but the mandates were expected to be for a $3.5 billion large-cap equity account and a $3.7 billion TIPS portfolio.

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