Clinton (Mass.) Retirement System rehired Trust Advisory Group as investment consultant, said Patricia Hazel, retirement board administrator.
The $70 million pension fund had issued an RFP in October to comply with Massachusetts Public Employee Retirement Administration Commission regulations that require services be put up for bid every seven years, Ms. Hazel said.
The other finalists were Dahab Associates and Fiducient Advisors, she said.
The pension fund is fully invested in the $104.3 billion Boston-based Massachusetts Pension Reserves Investment Management Board's segmented program.
