Real Estate
Pension plan plans to transfer assets or reinvest capital in funds. : Alaska Retirement Management Board (ARMB) is planning to end $833.5m (€758m) worth of real estate separate accounts with Sentinel Real Estate, UBS and LaSalle Investment Management by transfering assets or reinvesting capital in funds. In a board meeting document, the $61.8bn pension fund said it will consider moving its $175m Sentinel separate account investment, which holds three properties, into the Sentinel Real Estate Fund (SREF) or a similar, apartments-focused fund, which it said would increase diversification without changing strategy.

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