New Bedford (Mass.) Contributory Retirement System is searching for a global tactical asset allocation manager to run about $25 million. The mandate will be for a commingled fund only.
Segal Marco Advisors, investment consultant to the $320 million defined benefit plan, is assisting with the search.
The RFP is available on Segal's website. Proposals are due 3 p.m. EDT on March 14. A selection date was not disclosed.
Gerard Arnaudet, executive director of the pension fund, and Segal spokeswoman Erin Burns could not be reached for comment.