Belmont (Mass.) Contributory Retirement System rehired Rothschild Asset Management as its domestic large-cap value equity manager to run about $10 million, confirmed Robert Soohoo, the pension fund's executive director, in an email.
An RFP was issued in October. Brandywine Global Investment Management, Diamond Hill Capital Management, Eaton Vance Management, Boston Co. Asset Management and TCW Group were also finalists.
The pension fund's target allocation to equities is 43%.
NEPC, investment consultant to the $108 million pension fund, assisted with the search.