Public Notice The Watertown Retirement System Request for Proposals
The Watertown (MA) Retirement Board is seeking proposals from qualified investment managers to provide active core-oriented international equity investment management services for the Retirement System’s $250 million investment portfolio. The proposed mandate should be core-oriented with a large cap bias. The Board expects to allocate $40-45 million in total to the mandate and may select more than one manager.
All investments made by the Watertown Retirement Board are subject to the provisions of the Massachusetts General Laws, Chapter 32, as amended by Chapter 176 of the Acts of 2011, and the rules and regulations of the Public Employees Retirement Administration Commission (PERAC), 840 CMR. The selected investment manager(s) must have familiarity and agree to comply with all applicable laws and PERAC regulations. Additional information on applicable laws and investment regulations may be found on PERAC’s website at www.mass.gov/perac.
The Board reserves the right to cancel or reject in whole or part any or all proposals in the best interest of the Retirement System.
The RFP is available up to the proposal deadline by visiting https://www.fiducientadvisors.com/client-rfps.
Proposal deadline is Tuesday May 4, 2021 at 4:00 PM EDT. Late proposals will not be accepted