Belmont (Mass.) Contributory Retirement System is searching for an emerging markets debt blended currency strategy to run up to $6 million for the $130 million defined benefit plan.
NEPC, the retirement system's investment consultant, is assisting with the search.
The strategy will be a new allocation for the plan at NEPC's recommendation, said Robert Soohoo, the pension fund's executive director. Funding will come from rebalancing.
The RFP is available on NEPC's website. Proposals are due by 2 p.m. EDT April 5. A selection date has not yet been determined.