Timothy Reese, CEO and CIO of the Pennsylvania retirement fund system, says "right now our policy is 55% equity and 27%, 29% fixed income. So you can see it's not a 60/40.".
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We're 'not really highly concentrated' in the 'Magnificent Seven,' says PMRS CEO

Timothy Reese, CEO and CIO of the Pennsylvania retirement fund system, says "right now our policy is 55% equity and 27%, 29% fixed income. So you can see it's not a 60/40."