Fairfax (Va.) City Supplemental Retirement System issued an RFP for a core-plus fixed-income manager to run $13 million. The $90 million plan will fund the allocation by reducing fixed-income portfolios currently managed by Bank of America and Standish Mellon; both will be allowed to bid. Details of their mandates were unavailable. "I dont think we are trying to exclude anybody. In this market, its worth re-evaluating where we stand with our managers, said Joel Hendelman, plan board chairman. Proposals are due May 14. New England Pension Consultants is assisting.
Fairfax (Va.) City Supplemental Retirement System issued an RFP for a...
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