Government Contract | Pennsylvania
ActiveDomesticLargeCapCoreEquity

Bid Information


Bid Alert No: 00000453424

Bid Title: ActiveDomesticLargeCapCoreEquity

Agency Bid No. Title: Not Stated

Received Date: 01/06/2016

Close Date: 01/21/2016

Purchase Type: Not Stated

Delivery Point:

Delivery Date: Not Stated

Specifications

Specifications include, but are not limited to:The City of Bethlehems Pension Board is soliciting proposals from qualified investment companies to manage approximately $14 million in active, domestic large cap core equities (awarded to 1 manager). The Plans investment policy statement calls for the Plans large cap domestic equity allocation to be invested in a balance of active and passive strategies and this RFP is investing the active investment strategy allocation. For this RFP, the City seeks a manager with a style that tracks the S&P 500 index within a reasonable 13% range annually and continues to effectively track this index during virtually all market conditions. Additionally, the City seeks a manager with an appropriate fee schedule that is competitive with index based management fees and reflects an attractive value proposition considering all investment returns must be evaluated on an after fee basis. Conversely, the City is less likely to consider manager returns that subject the Plan to material annual performance deviations from benchmark returns despite favorable long term track records

Bid Related Documents

Download Document

Product Code: 94656

Agency Information


Issuing Agency: City of Bethlehem

State: Pennsylvania

Agency Type: State and Local

Contact: Purchasing Department, Room A-205, 10 East Church Street, Bethlehem, Pennsylvania, 18018

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