Plymouth County Retirement System, Plymouth, Mass., will issue an RFP in early February for a high yield and an emerging market manager to run $8.5 million each for the $425 million pension plan, said John McLellan, chairman and treasurer. The funding source has not been determined, but no terminations are expected. The fund is considering adding the new asset classes for diversification.
Proposals will be available on consultant Wainwright Investment Counsels website at www.winvcounsel.com; the system hasnt established a target deadline. Its current allocation is 60% equity, 19% fixed income and 21% alternative investments.