A nonprofit based in London has issued an RFP for one or two investment consultants for its traditional investment portfolio and socially responsible investment portfolio.
The city has rehired its investment consultant on behalf of its $115.3 million 401(a), $66.7 million 457(b), $33.8 million OPEB and $388,760 Retirement Health Savings plans.
A new paper highlights how a dual outsourced model introduces challenges in governance, operations and portfolio management that most institutions are not equipped to control.
The university selected a discretionary advisor to select managers, handle executive asset allocation decisions, develop investment strategies and manage the investment processes after issuing an RFP for the services last year.