Posted on: May 22, 2018
The Belmont Contributory Retirement System, a Massachusetts Retirement System, is soliciting proposals from investment management firm(s) to manage a Core Fixed Income mandate for the $104 million, defined benefit pension fund. The System has a target investment/placement of up to $10 million with the new manager(s).
Investment managers selected must have familiarity with and agree to comply with Massachusetts G.L. Chapter 32 and Chapter 176 of the Acts of 2011 and all applicable investment guidelines administered by PERAC, including the restriction on investing in tobacco-related companies.
The Board reserves the right to reject any and all proposals at its discretion.
Proposals must be submitted not later than 4:00 PM (EDT) on June 7, 2018.