Anchorage Police and Fire boosts real estate exposure

The Alaskan public pension has increased its allocation to real estate.

Institution: Anchorage Police and Fire Retirement System
Headquarters: Anchorage, United States
AUM: $374.59m
Allocation to alternatives: 10.01%

Anchorage Police and Fire Retirement System has increased its allocation to real estate from 9.82 percent to 10.01 percent as of May 2019, a contact at the pension informed PERE.

This increase has bucked a three-year trend wherein the pension had been steadily decreasing its exposure to real estate starting from 13.47 percent in December 2015 down to 9.82 percent in December 2017.

The pension tends to favor investments in core real estate property within various sectors across the United States.

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