The Louisiana Municipal Police Employees’ Retirement System has approved a new target asset allocation mix, according to a video recording from the April 19 investment committee meeting.
The new target asset allocation mix decreases the total equities target by 3.5% and increases the core bonds target by 3.5%.
NEPC assisted with the asset allocation update.
New Target Asset Allocation Mix:
- Large Cap Equity: 34% (+3%)
- Small/Mid Cap Equity: 8% (-2%)
- International Equity: 14% (-2%)
- Total Equities: 52% (-3.5%)
- Core Bonds 15% (+3.5%)
- Multi-Sector Fixed Income: 11.5%
- High Yield: 3%
- Emerging Market Debt: 4.5%
- Total Fixed Income: 33.5% (+3.5%)
- Private Equity: 7%
- Core Real Estate: 7%
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