West Midlands Pension Fund, Wolverhampton, England, is searching for a consultant to oversee the annual formulation and review of its strategic investment allocation benchmark, confirmed Brian Bailey, director of pensions at the £7.9 billion ($12.5 billion) fund.
Morgan Stanley Investment Management advised the fund in 2009, its most recent review, Mr. Bailey said in an e-mail response to questions. The fund’s investment consultant, Mercer, does not advise on the strategic investment allocation benchmark.
Proposals are due Nov. 22. Questions should be directed to Mr. Bailey at [email protected]
Mr. Bailey did not respond to requests for further information.