South Miami (Fla.) Pension Fund is searching for an active domestic intermediate core fixed-income manager to run $4 million, said William E. Dahab, principal and director of research at Dahab Associates, the $32 million pension fund’s investment consultant.
The search is the result of the pension fund’s decision to change the portfolio to an intermediate government/credit core fixed-income strategy from ultrashort fixed income, which RidgeWorth Capital Management now runs.
The RFP is available on Dahab’s website. Proposals are due at 5 p.m. EDT on July 25. A timetable for a decision has yet to be determined.
Dixie Martinez, plan administrator, was not available by press time.