Concord (Mass.) Contributory Retirement System is searching for a global multiasset allocation manager to run about $50 million.
The $200 million pension fund is seeking a single manager to run up to 25% of its entire portfolio, according to an RFP posted on the website of investment consultant Fiducient Advisors, which is assisting with the search.
The RFP does not disclose whether there is an incumbent manager or whether the manager is eligible to rebid.
The RFP is available on Fiducient Advisors' website. Proposals are due at 4 p.m. EST on Jan. 5. A selection is expected sometime in the first half of 2023.
Linda Boucher, retirement administrator and records access officer, could not be immediately reached for further information.