Massachusetts General Law 32 §23(b) requires that retirement systems in Massachusetts re-bid each investment contract at least every five years.
The Franklin Regional Retirement Board recently concluded its search for mid cap managers, and at its regular meeting on Monday, November 24, 2014 voted to retain/rehire its current mid cap manager, Seizert Capital Partners, because Seizert’s continued good performance was top in the pool of respondents.
Analysis and recommendation was made by the Board’s investment consultant(s), Greg McNeillie, and Steve Roth of Dahab Associates. Click here to read their summary: