St. Thomas More College, Saskatoon, Saskatchewan, is searching for an investment consultant for its C$15.4 million (US$14.45 million) investment portfolio, which includes endowment funds, said an RFP posted on the province's website.
The selected firm will provide portfolio analysis, market research, performance reporting, investment policy review and other consulting services.
The current consultant and whether it can rebid could not be learned by press time.
As of April 30, the fund's asset mix was 30% fixed income, 29% Canadian equities, 21% U.S. equities, 15% other international equities, and 5% cash and cash equivalents.
The RFP is available here. Proposals are due by 4:30 p.m. CDT on Aug. 22. Finalist presentations are scheduled for Sept. 17. The contract is expected to start Nov. 1.
Derrin Raffey, chief financial officer and director of administration, did not return a telephone call seeking more information by press time.