Arizona Public Safety Personnel Retirement System, Phoenix, will issue an RFP for a consultant sometime after the end of its fiscal year on June 30, said James Hacking, executive director of the $6 billion system. Incumbent Clark Consulting will be invited to rebid. The RFP will be posted on the system's website, www.psprs.com.
The search will be made in conjunction with a planned asset-liability study later this year to examine the possibility of moving into international and emerging markets equities, Mr. Hacking said. He had no details on the study but did say system officials want to examine the possibility of further diversifying and expanding their investment flexibility.