The Hampshire County Retirement System, Northampton, Mass., hired New England Pension Consultants as its investment consultant, said Mary Baronas, retirement administrator. The previous consultant to the $135 million pension plan was CRA RogersCasey, whose contract had expired. NEPC will review the plan's asset allocation, manager lineup and performance, and "we'll see if they make some recommendations," Ms. Baronas said.
The plan's current allocation is 28% passive equities, 23.5% bonds, 14% large-cap domestic equities, 13% international stocks, 10% small-cap domestic equities, 8% real estate, 2% venture capital and 1.5% cash.
