Specifications include, but are not limited to: Providing passive investment management services for the Connecticut Retirement Plans and Trust Funds. Investment management services for the CRPTF, will include, but will not be limited to: 1. Supervision and direction of the investments of a separately managed account. As fiduciary, agent and attorney-in-fact with respect to the account, buy, sell, exchange, convert or otherwise trade in any securities and other investment instruments as permitted by the specific, negotiated investment guidelines mutually agreed to by the State and the Respondent. 2. Transacting according to the investment guidelines. 3. Executing all trades in an attempt to obtain the best net price and most favorable execution of each purchase and sale transaction on behalf of the State. 4. Maintaining a system of adequate risk controls, including but not limited to a compliance monitoring system and an operations risk management system to ensure compliance with account restrictions, as well as all applicable State and Federal laws and regulations.