Ohio SERS looks to increase real assets investment in 2014, 2015

The $12.3 billion School Employees Retirement System of Ohio is looking to increase its real assets allocation, which is currently at 10.6 percent, to up to 12 percent by the end of fiscal year 2014 and up to 15 percent by the end of fiscal year 2015. This would require approximately $172 million of further investment during fiscal year 2014 and an additional $370 million in fiscal year 2015.

Ohio SERS decided to up its real assets allocation from 10 percent to 15 percent in 2013 and later decided to phase the increase over two steps.

“SERS is taking a measured and diligent approach to investing new capital into real assets,” says Tim Barbour, senior communications coordinator with the retirement system. “SERS will remain within the allowed range around its target during the next fiscal year.”

There is no target weighting between core, value-added and opportunistic strategie