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On this episode of Against Consensus, host Angelo Calvello, PhD, sits down with John Bowman, ceo of the CAIA Association.
The plan issued an RFP for the services at the start of the year.
The generalist will assist the cio with all phases of the investment process.
The incumbent firm has provided the services since 2022 and is invited to rebid.
The new defined contribution solutions head spent the past 17 years at Franklin Templeton Investments.
The city is seeking a firm to handle the day-to-day responsibilities of its investment portfolio.
The agency expects its board to award a contact on or about Dec. 20.
The plan made hires after issuing an RFP in March.
The plan replaced two domestic large-cap managers and consolidated its small-cap portfolio into a small- to mid-cap core allocation.
The commission issued a similar RFP in 2018 as part of a periodic review.