Attleboro (Mass.) Contributory Retirement System is searching for a passive large-cap equity manager to run $7.5 million for the $125 million defined benefit plan.
Dahab Associates, investment consultant to the plan, is assisting with the search.
This would be a new allocation for the plan, said Joyce White, investment manager for the pension plan.
This search is open to passive large-cap strategies benchmarked against the Russell 1000, Russell 1000 Growth, Russell 1000 Value, S&P 500, S&P 500 Growth and S&P 500 Value indexes.
The RFP is available on Dahab’s website.
Proposals are due by noon EDT on March 16. A time frame for a hiring selection has not yet been determined.