Weymouth (Mass.) Contributory Retirement System is searching for an active emerging markets debt manager to run between $4 million and $6 million for the plan.
This is a new allocation, with funding to be determined, said Maura Goulart, director of client services at investment consultant Fiduciary Investment Advisors, in an email. Fiduciary Investment Advisors is assisting the $175 million pension plan with the search.
Only commingled vehicles will be considered. The pension fund is looking for a manager to invest in a blend of local and hard currency bonds.
The RFP is available on Fiduciary Investment Advisors’ website.
Proposals are due by 4 p.m. EDT on March 29. The board is expected to make a decision sometime in the third quarter, Ms. Goulart said.
Jennifer A. Miller, assistant director of the pension plan, referred questions to Ms. Goulart.