Connecticut Retirement Plans & Trust Funds, Hartford, is seeking a new consultant.
Connecticut Retirement Plans & Trust Funds, Hartford, is seeking a new consultant, Pensions & Investments reports. The selected consultant will help the $24.5 billion system find a master custodian.
The consultant will also create analysis for custodian services, upgrading an RFP for a master custodian, conducting due diligence on the applicants and negotiating a contract. State Street is the current master custodian, which has held the job since July 2005 and whose tenure expires June 30, 2011.