Los Angeles Water and Power Employees Retirement Plan is searching for a retainer investment consultant. The $6 billion system had used consultants only for special projects, said Duamel Vellon, retirement plan manager. An asset allocation study and manager reviews are expected once the consultant has been hired.
RFPs are available on the web at
retirement.ladwp.com. Proposals are due by 4 p.m. PDT May 23, and a selection is expected by June 30.