San Francisco City & County Employees’ Retirement System is considering revamping its nearly $1.7 billion in international developed-market assets.
Currently, Capital Guardian Trust manages a $1 billion portfolio and Oechscle runs $650 million.
Carl Wilberg, senior investment officer-equities, said the $12 billion pension fund will examine a variety of strategies and managers. Possibilities include managers with top-down, bottom-up, growth, value, large-cap, small-cap or concentrated strategies.
The fund wants interested managers to post their data on consultant InvestorForce.com’s online database by June 30. The fund’s board has targeted its July 25 meeting for determining whether the fund will proceed with a formal RFP.
