Weymouth (Mass.) Contributory Retirement System is searching for an active international equity manager to run up to $10 million and an active diversified inflation-protection manager to run up to $5 million, according to RFPs on the website of the Massachusetts Public Employee Retirement Administration Commission.
Jo-Ann C. Anti, director of the $137 million system, said in a telephone interview that the diversified inflation-protection investment is classified as an inflation hedging package that will include commodities, TIPS and inflation-sensitive equities.
Candidates for both searches must have a minimum of $500 million in total assets under management. Candidates for the international equity mandate must have at least $250 million in assets under management in the asset class, and those for the inflation-protection mandate must have at least $100 million in that strategy.
Proposals are due at 4 p.m. EDT Aug. 22.
Christopher Kachmar, Fiduciary Investment Advisors principal and chief investment officer, could not be reached for comment.