Norwood (Mass.) Contributory Retirement System is searching for an active emerging markets equity manager to run $5 million, confirmed Debra A. Lorenzo, administrator of the $111 million system.
It is a new allocation, funded from rebalancing, said Ms. Lorenzo in a telephone interview.
Proposals are due at 4 p.m. EST on Dec. 15. A timetable for finalist presentations and a selection has not been determined.