Alameda Considering Fixed Income Allocation, Planning EM Equity Search

The Alameda County Employees’ Retirement Association reviewed their asset allocation with general consultant NEPC during the May 1st Board meeting. 

NEPC recommended the total fixed income allocation to increase by 4% and to decrease allocations to both Real Assets and Multi-Assets by 2% each. The Board is set to approve the new allocation mix in June 2024. 

Additionally, according to a proposed 2024 work plan, ACERA is preparing to issue a search in July 2024 for an emerging market equity manager.

As of March 6, 2023 ACERA was valued at approximately $11.3 billion.

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