BANKING-9059 - USA (Massachusetts) - Investment Consulting Services - Deadline August 6,2026

(1) Vendor needs to provide investment consulting services to the government authority located in Massachusetts.• Provide reporting of the asset performance of each fund managed by the investment managers, as well as the performance of total plan assets no less frequently than quarterly. – Also provide a summary of the asset allocation of total Wellesley Pension assets, in the aggregate, applying look–through treatment of multi–asset funds, so as to determine allocations to asset classes. • Provide Capital Market Expectations for 10–, 20–, and 30–year periods no less frequently than annually. • Attend Board meetings no less frequently than semi–annually, which would include performance reviews and manager reviews following fiscal year end and calendar year end. • Review the System investment policy with the Retirement Board, including the asset allocation policy no less frequently than annually. – This would include computations of expected returns using updated capital market assumptions over multiple time frames and a comparison to the most recent assumption used for discounting and valuing the pension liability by the actuaries. • Educate through periodic reports and publications.