The Teachers’ Retirement System of Oklahoma has redesigned its asset allocation strategy, with a 3 percent allocation to infrastructure and a reduction of 10 percent to eight percent in real estate allocations, according to meeting materials.
This new allocation strategy is set to go into effect on July 1, and is expected to support the portfolio’s diversification, increase returns and reduce risk. This is the first time the pension fund has allocated to infrastructure.
The Oklahoma Teachers’ Retirement System is a public pension fund that serves more than 135,000 members. As of June 30, 2024, it had $22.8 billion in total assets under management.