The Bureau of Labor Funds is seeking managers for 21 mandates, including its first global multi-asset portfolios, as it moves to further boost its alternatives and index exposure.
Tag : lif
The $92 billion Bureau of Labour Funds has invited fund managers to submit proposals for global real estate and infrastructure mandates, in a move to boost alternatives to 6% of its portfolio.
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The Bureau of Labour Funds will select managers of real estate and infrastructure securities in the first half, as the $92 billion state pension pool moves to diversify its assets globally.