| From IPE: Alaska Retirement Management Board has decided not to allocate any new capital to real estate investment in fiscal 2009. The pension fund made a decision at its board meeting on 26 September not to invest any further assets in real estate over the short-term as the pension fund has a targeted 10% allocation for the asset class but the amount it has actually invested so far is 12.5%.
This additional investment over target allocation is still within the fund’s broad range for real estate, which is +/- 4%, according to Steve Sikes the State investment officer working on the real estate portfolio..... Full Article: Source
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