Florida SBA advised to maintain 1% long-term allocation to ILS
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Florida SBA advised to maintain 1% long-term allocation to ILS

Florida SBA.jpg

Aon recommended that the Florida State Board of Administration (SBA) maintain its 1% long-term target allocation to ILS as part of an asset allocation review that it presented to a board meeting this week.

Agenda papers outlined that the Aon recommendations were for the organisation to diversify further from public equity, reducing its target global equity holdings to 45%, while increasing private equity and real estate exposure and establishing a new active credit...

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