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April 05, 2019 01:00 AM

Danvers Contributory Retirement seeks domestic core bond manager

James Comtois
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    Danvers (Mass.) Contributory Retirement System is searching for a U.S. core fixed-income manager to run $20 million for the $114 million defined benefit system.

    Graystone Consulting, the system's investment consultant, is assisting with the search.

    The selected strategy will be benchmarked to the Bloomberg Barclays Intermediate Govt/Credit index, according to the RFP.

    The RFP is available from Susan M. Little, retirement assistant, via email.

    Proposals are due by 5 p.m. EDT May 14. A selection is expected to be made within 360 days after the submission deadline, but may be extended at the board's discretion.

    Isabelle Eckel, a financial adviser at Graystone Consulting, referred questions to Ms. Little, who provided the RFP but did not disclose any additional information.

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    December 12, 2022 page one

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