St. Louis Firefighters' Retirement Plan is searching for an active global fixed-income manager or active domestic core fixed-income manager to run $10 million, said Janice Fairless, human resources specialist for the pension fund.
The $20 million pension fund was created Feb. 1, 2013, the same day that benefit accruals were frozen in the $445 million St. Louis Firemen's Retirement System, and currently has its assets parked in two Vanguard Group index mutual funds.
Investment consultant Dahab Associates is assisting.
The RFP is available on Dahab's website. Proposals are due at 5 p.m. EST on Jan. 16. Ms. Fairless said the pension fund hopes to make a decision by the end of February.