Brockton (Mass.) Contributory Retirement System is searching for an emerging markets debt local currency manager to run at least $10 million, confirmed Harold Hanna, executive director of the $335 million pension fund.
It is a new allocation. A funding source has yet to be determined, according to Mr. Hanna.
Proposals are due at 4 p.m. EDT on April 26. Mr. Hanna said a decision should be made a couple of months after that date.