The pension fund intends to invest in BlackRock US Core Property Fund. : Alaska Retirement Management Board (ARMB) plans to invest $200m (€163m) in an open-ended core real estate fund managed by BlackRock. Neither the pension fund nor BlackRock commented but a board meeting report names the BlackRock US Core Property Fund. ARMB is already invested in two other open-ended core funds. It has $250m invested in the JP Morgan Strategic Property Fund and $202m in the UBS Trumbull Property Fund. It has 31 assets in the office, industrial, retail and apartment sectors.