University of Colorado, Denver, will decide next year whether to outsource the management of its operating fund's $70 million domestic laddered bond portfolio.
The $350 million fund's officials will discuss in April whether to do a search. A manager may be selected as early as six months after.
The fund also issued an RFP for a trustee, per state requirements, to take bids every so often, said Don Eldhart, treasurer. Norwest is the fund's current master trustee and is expected to participate in the search. A contract should be in place by February or March. The current securities lending program run by Norwest will also be reviewed this October to see if a more aggressive approach is needed.