The pension plans to rebalance its core portfolio by investing in non-US real estate. :
Sacramento County Employees’ Retirement System (SCERS) is planning to rebalance its core portfolio by investing in non-US real estate assets and selling some assets. The pension fund said in a meeting document that it has up to $105m (€92.4m) to invest into non-core real estate this year. As part of its 2019 investment strategy, the $9.24bn pension reaffirmed its plan to seek exposure to student housing in Europe.