Florida Workers' Compensation Joint Underwriting Association is searching for a firm to provide outsourced investment management services for the state employers' insurance organization, confirmed Laura S. Torrence, executive director.
The chosen firm will manage all or some of the association's investible assets, which currently total $97 million, according to Ms. Torrence. An RFP was issued because the association has decided to seek a “full-service provider.”
The current manager, Cutwater Asset Management, is invited to bid.
The RFP is available from the association's website.
Proposals are due at 4 p.m. EDT on April 27. A decision is expected in June, with a contract start date of no later than July 1.
