Investment Management Services

The City of Mesa solicited an investment‑management services contract to oversee a portion of its $800 million municipal portfolio (approximately $200 million currently managed by the incumbent). The awardee will provide daily portfolio management, order execution, compliance oversight, and monthly reporting in accordance with GASB standards and the City’s investment policy. The contract is a five‑year fixed‑term fee arrangement, with a tiered basis‑point schedule (9 bps on the first $100 M, 6 bps on $100‑200 M, etc.) and an annual fee of $200 k as reflected in the award documents. No custodial services are included, and the City will not split the work among multiple managers.