A Midwestern pension plan has issued an RFP seeking a general investment consultant.
The plan will vote to approve searches for intermediate fixed-income funds and global allocation managers.
The plan will interview three finalists at its October board meeting.
Bob Maynard, cio of the Public Employee Retirement System of Idaho, will retire next year.
The plan has issued an RFP seeking core-plus fixed-income managers to handle $10 million.
The plan approved several changes to its asset allocation at a board meeting today.
The plan has not made a decision in a search launched in March and may look to reissue the RFP next year.
The plan will interview two private equity managers this week after approving a new asset allocation in May.
The plan will interview two firms on Thursday in its active flexible bond manager search.
The plan decided against proceeding with finalist interviews in its core bond search and will reassess the asset class.