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Iowa Municipal Fire & Police seeks more diversity via study

from Pensions & Investments

Iowa Municipal Fire & Police Retirement System, West Des Moines, is conducting an asset/liability study, said Terry Slattery, executive director of the $1.8 billion pension fund. Investment consultant Summit Strategies Group is performing the study and looking for ways to further diversify the portfolio with less volatility while still obtaining a 7.5 percent rate of return, Mr. Slattery said in a telephone interview. more


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