Massachusetts Port Authority Employees' Retirement System, East Boston, is searching for an investment consultant for its $866 million defined benefit plan.
Wilshire Advisors is the system's current investment consultant. It could not be learned if Wilshire is invited to rebid.
The system currently has a target asset allocation of 30% to fixed income, 27.5% each to domestic and international equities, and 7.5% each to real estate and alternatives.
The RFP is available on MPAERS' website. Proposals are due by 5 p.m. EDT Sept. 3. A selection date is expected to be made in December.
Irene E. Moran, MPAERS' director of retirement, could not be immediately reached for additional information.
