Ohio PERS will still remain an investor in both funds. : Ohio Public Employees Retirement System said it will redeem $150m (€127m) from two core open-ended real estate funds to help balance its real estate portfolio. It is withdrawing $100m from the JP Morgan Strategic Property Fund and $50m from the UBS Trumbull Property Fund, according to pension fund board meeting document. Ohio PERS will still remain an investor in both funds. By the middle of this year, the pension fund had $542m invested in the Strategic Property Fund and $229m in the UBS Trumbull fund.