Buckinghamshire County Council Pension Fund, Aylesbury, England, issued an RFP for an investment consultant, according to Clyde Palfreyman, assistant head of finance for the £1.3 billion ($2 billion) fund.
The contract for Mercer, the fund’s current consultant, ends in June. Mercer is invited to rebid.
The fund now invests 36% of the total assets in overseas equities, 24% in U.K. equities and 15% in bonds. About 10% of the portfolio is in real estate, 8% in private equity and the remainder in absolute-return strategies.
Proposals are due April 27; a decision is expected in the second quarter. Further information can be obtained via e-mail at [email protected]