SCRS proposes a change to real estate allocation

The US public pension plans to shift exposure to core investments.

South Carolina Retirement System (SCRS) proposed a change to its real estate allocation, which would shift its current exposure to the asset class from predominantly non-core to predominantly core, consistent with the rest of the market.

The $31 billion US public pension has a 7 percent target allocation to real estate that currently stands at 5.9 percent.

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