Plymouth (Mass.) Retirement System is looking to allocate $5 million to $10 million to an unconstrained flexible-duration fixed-income manager.
DiMeo Schneider & Associates, investment consultant to the $179 million defined benefit plan, is assisting with the search.
Proposed strategies should focus on investing broadly across global fixed-income markets. Proposals for core-plus, multisector strategies or hedge funds will not be considered.
The RFP is available on DiMeo Schneider's website. Proposals are due 4 p.m. EST on Dec. 21. A selection date was not disclosed.
Wendy Cherry, retirement system director, and Matthew Fratini, senior client analyst at DiMeo Schneider, could not be immediately reached for additional information.