The will issue an RFP targeting smaller core fixed-income managers tomorrow.
The foundation is searching for a firm to evaluate market risk and develop strategies that minimize the impact on the portfolio, prepare maturity analysis and provide credit analysis of portfolio investments.
The plan will begin the search in the first quarter.
The plan has issued an RFP seeking a domestic large-cap growth equity manager to handle $34 million.
The plan is looking to replace its current underperforming manager.
Authority has issued yearly RFQ for investment management services.
The plan is looking for non-core fixed-income strategies enhance its portfolio.
The plan is conducting the search to comply with state procurement laws.
The city is also looking to establish a deferred compensation committee as part of the RFP process.
The plan has worked with its incumbent investment advisor since 2009.