Mass. Pension Plan Issues RFP For 130/30 Managers

May 17 2007 | 1:39pm ET

The Norfolk County (Mass.) Retirement Board is seeking proposals from 130/30 managers for a possible mandate. The system, which manages $570 million, is considering investing up to 8% of its portfolio in 130/30 strategies.

According to the request for proposals, the product must be actively managed and indexed to the Russell 3000 or a comparable benchmark. 

Bidders will be evaluated based on the criteria set forth in the RFP, which can be obtained by e-mailing systems investment consultant, Wainwright Investment Counsel.

The board will have until June 30 of next year to choose a bidder(s) or determine that no bidder will be selected.

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