Swampscott (Mass.) Contributory Retirement System is searching for a...

Swampscott (Mass.) Contributory Retirement System is searching for a manager to run $4.8 million in active domestic large-cap value equities. Previous manager Cutler sold its domestic equity business to Fox Asset Management, which can bid, said Richard DiPesa, administrator for the $25 million pension fund. Proposals are due Dec. 30, and a manager should be in place by Feb. 15. Segal Advisors is assisting.