The Cardiff & Vale of Glamorgan Pension Fund, Cardiff, Wales, issued an RFP for at least one manager to run a £25 million ($40 million) active emerging market strategy, according to Richard Bettley, pension fund manager at the £820 million fund.
Funding for the new mandate will primarily come from cash, Mr. Bettley added. Proposals are due Aug. 19. Further information can be obtained from consultant bfinance at http://www.bfinance.co.uk. An appointment is expected in the fourth quarter.
