Plymouth (Mass.) Contributory Retirement System is searching for managers to run a total of $15 million to $20 million in domestic core fixed income, $25 million in international large-cap equity and $5 million to $10 million in international small-cap equity, said Debra J. Sullivan, retirement director at the pension fund, in an e-mail.
Investment consultant Fiduciary Investment Advisors is assisting in the searches.
In April, the $139 million pension fund issued an RFP for one or more domestic large-cap core equity managers to run a total of $15 million to $20 million. The international small cap-equity is a new allocation; all of the other searches are a result of a state requirement that services be put up for bid every five years. Ms. Sullivan did not provide the names of the current managers or say whether they may rebid.
The core fixed-income and international equity RFPs can be found on FIA's website.
All proposals are due at 3 p.m. EDT on May 27.
Tyler Dziama, associate research analyst at FIA, could not provide additional information by press time.