Quincy (Mass.) Contributory Retirement System hired Aberdeen Standard Investments to manage $6 million in an emerging markets debt strategy, according to recently released board meeting minutes from the $346 million pension plan.
Aberdeen replaces Stone Harbor Investment Partners. A spokeswoman for Stone Harbor could not be immediately reached for comment.
The pension plan issued the RFP in September. The plan's investment consultant, Meketa Investment Group, assisted with the search.
MetLife and Wellington Management were the other finalists.
Lisa McBirney, executive director of the pension fund, could not be immediately reached for comment.
