Fresno County (Calif.) Employees' Retirement Association plans to issue an RFP for a custodian next year, said Donald Kendig, retirement administrator, in an email.
The board plans to approve an RFP on Feb. 6, 2019. Northern Trust is the $4.7 billion pension fund's current custodian.
Verus Advisory, investment consultant to the pension fund, is assisting with the search.