IPE-QUEST: Insurer tenders E40.5m
LUXEMBOURG - A mutual insurance company has launched a request for tenders for an actively managed large cap global equity mandate via IPE-Quest.
The brief is worth up to 50 million dollars (40.5 million euros).
The insurance company would like a 'fairly concentrated portfolio' of core large cap global equities in global developed markets.
They will invest via either segregated or pooled accounts and there are no tracking error restrictions.
The deadline is October 18.