New Mexico Public Employees Retirement Association, Santa Fe, launched an RFP for one or more managers to run a total of $150 million to $300 million in global tactical asset allocation portfolios.
The RFP available is on the $12.4 billion pension fund's website.
Funding is expected to come from cash. Responses to the RFP are due Feb. 12. A selection is expected on or before April 25. Consultant R.V. Kuhns & Associates is assisting.
Joelle Mevi, chief investment officer, could not be reached by press time.