Consultant/OCIO/Discretionary
The municipality previously worked with investment advisor Callan.
Regardless of whether inflation continues to slow or the global economy steers clear of a recession, endowments and foundations should not base portfolio construction on market timing but instead focus on longer-term areas of opportunity like private equity and international equities, according to one consulting firm.
The city is seeking consulting services for its four retirement plans.
The retirement fund was scheduled to review a general investment consultant draft RFP this week.
The firm will begin its new contract on Jan. 10.
The plan made a hire at its meeting this week after interviewing two finalists.
City is seeking investment advisory services on behalf of its $4.2 million 457 and $6.1 million 401(a) retirement plans.
The plan is seeking a firm to provide fiduciary investment advisory services.
The plan last conducted a similar search in 2019 that resulted in a consultant switch.
The city retained the incumbent consultants for its three pension plans.