Weymouth (Mass.) Retirement System is searching for an active international core equity manager to run between $12 million and $15 million for the $195 million defined benefit plan.
The system's investment consultant, Fiduciary Investment Advisors, is assisting with the search.
Proposed strategies should be benchmarked against the MSCI ACWI ex-U.S. index. Commingled vehicles are preferred.
The RFP is available on Fiduciary Investment Advisors' website. Proposals are due by 4 p.m. EDT July 27. A selection date was not disclosed.
The plan had a target asset allocation of 17.5% to international equity as of Dec. 31, 2016, the most recent information available. As of that date, its international equity managers were Aberdeen Asset Management (now Aberdeen Standard Investments), OFI Global Asset Management, Acadian Asset Management and William Blair & Co.
Jo-Ann Anti, director of the pension fund, and Maura K. Goulart, director of client services at Fiduciary Investment Advisors, could not be immediately reached for further comment.
