Massachusetts Water Resource Authority Employees’ Retirement System, Chelsea, is searching for one or more global asset allocation managers to run up to $55 million, said an RFP posted on the website of NEPC, the pension fund’s investment consultant.
The $440 million pension fund is seeking managers who will propose a “traditional global asset allocation strategy,” the RFP said. Balanced and global macro strategies, and hedge funds will not be considered.
The RFP is available on NEPC’s website. Proposals are due at 4 p.m. EDT on Sept. 19. A timetable for a decision was not made available.
Julie McManus, retirement coordinator at the pension fund, could not be reached by press time.
