City of Fall River (Mass.) Contributory Retirement System hopes to hire a $13 million active international equity manager to replace State Street Global Advisors by July 1, said Christine Tetreault, executive secretary. The deadline for RFPs was April 28. SSgAs performance prompted the $200 million system to search for a new manager, Ms. Tetreault said. SSgA has not yet been terminated. SSgA did not return calls for comment.
New England Pension Consultants is assisting.