Kansas PERS also plans to extend a contract with its investment consultant Pension Consulting Alliance. : Kansas Public Employees Retirement System (PERS) has increased its investment in JP Morgan Asset Management’s Strategic Property Fund. The pension fund told IPE Real Assets that it had approved a new $60m (€51.5m) commitment to the open-ended US property fund. At the end of last year, the pension fund’s investment in Strategic Property Fund was valued at $208m. The investment in Strategic Property makes up 16% of the pension fund’s $1.29bn core real estate portfolio.