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Concord Contributory seeks fixed-income manager
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Concord (Mass.) Contributory Retirement System is searching for a manager to run $7 million to $15 million in an unconstrained, flexible-duration fixed-income strategy.
Fiducient Advisors, investment consultant to the $210 million pension fund, is assisting with the search.
The board is seeking strategies with a positive absolute-return objective in a variety of market conditions and a broad global focus. Core-plus, multisector strategies or hedge funds will not be considered.
The search is being conducted to further diversify the portfolio, said Linda Boucher, retirement administrator. Wellington Management Co. is the plan’s current fixed-income manager, and is welcome to bid.
Rare sight: Bald eagle struts across Orange County backyard
Encounter happened on Dec. 13
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What would make the situation even more atypical? Having a Bald eagle strut across your backyard.
On Dec. 13, Linda Boucher had that very experience at her Apopka home.
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Boucher posted the video of the Bald eagle walking around her backyard on Facebook saying in the post, “Look at what was in our yard this morning. Crazy!”
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In the 44 second video, the Bald eagle can be seen from out Boucher’s window. It takes a few steps and stops several times before ultimately flying off.