Public School Retirement System of Missouri, Jefferson City, will issue RFPs Oct. 25 for an enhanced core domestic bond manager to replace Agincourt Capital.
Agincourt — created by former Sovran Capital employees — originally was hired to run a $1.4 billion intermediate bond portfolio previously managed by Sovran. When Agincourt was hired Craig Husting, chief investment officer of the fund, said trustees wanted continuity in asset management, but were planning to look at a full range of options at their October meeting. Trustees for the $21 billion fund will select finalists Dec. 13 and conduct interviews Jan. 18.
