Today’s issue of WorkCompRecap features some interesting investing news, as the Ohio Bureaw of Workers’ Compensation recently announced their Board of Directors’ approval of an initiative that would diversify the State Insurance Fund (SIF) investment portfolio with the addition of real estate as an asset class.
The board’s investment committee recommended the revision to BWC’s Statement of Investment Policy and Guidelines following more than a year of research and reviewing relevant information provided by its investment consultants and investment staff. As it stands the revision will allow an up to 6 percent investment in “quality commercial real estate”.
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