Watertown Contributory seeks core fixed-income managers
Print
Watertown Contributory Retirement System is searching for a core fixed-income manager or managers to run $35 million to $40 million for the $250 million pension fund.
DiMeo Schneider & Associates, investment consultant to the plan, is assisting with the search.
The proposed strategy must be long-only with an emphasis on core fixed-income securities. Core-plus strategies will not be considered.
The search is being conducted to comply with state law requiring contracts be put out to bid every seven years, said Barbara A. Sheehan, pension fund director. Income Research & Management is the current manager and is invited to rebid.
DiMeo Schneider & Associates Named a 2020 Best Place to Work in Money Management
Share Article
Leading investment consultant recognized for workplace excellence.
“At DiMeo Schneider, it is a simple fact that our people are foundational to our success,” said Bob DiMeo, CEO of DiMeo Schneider. CHICAGO (PRWEB) December 17, 2020 DiMeo Schneider & Associates, L.L.C., an NFP company, today announced that it was voted a 2020 Best Places to Work in Money Management by Pensions & Investments (P&I).
“At DiMeo Schneider, it is a simple fact that our people are foundational to our success,” said Bob DiMeo, CEO of DiMeo Schneider. “We consistently receive glowing feedback about our professionals from clients, and it’s gratifying that P&I also recognizes our fantastic team.” He expanded on the role of relationships at the firm, saying, “Our focus on hiring great people and fostering their growth with a profe