Workers' Compensation Board of Nova Scotia, Halifax, is searching for a consultant to assist with its C$1.1 billion (US$1.08 billion) investment portfolio, according to an RFP on the province's procurement website.
Five money management firms with seven mandates currently manage the board's funds. It has a 20% allocation each to Canadian equity, U.S. equity and international equity; 30% to nominal bonds and 10% real estate.
The RFP is available on the province's procurement website. Proposals are due at 3 p.m. Atlantic Daylight Time July 23. A hiring date was not specified.
Allan Bardsley, senior financial reporting accountant, did not return a telephone call by press time for additional information.