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Belgian fund puts two debt briefs through IPE Quest

BELGIUM – A Belgian pension fund is tendering two mandates in global high yield and global emerging market debt via IPE Quest.

The fund is looking for one or two managers for a 40 million euro global high yield debt portfolio, with a broad diversification. C-rated bonds must be a maximum 5% of the portfolio.

The mandate must be managed via a Sicav (UCITS) fund structure, and must be an accumulator fund. The main objective will be to deliver alpha, and managers must have a minimum of three-years track record.

The closing date for applications to the high-yield mandate is 20 June.

The global emerging market debt mandate will be around 20 million euros in size and will be allocated to one or two managers. The fund will be invested predominantly in sovereign debt, with a maximum 10% in emerging markets corporate bonds.

As with the high yield mandate, the emerging debt mandate must be managed via a Sicav (UCITS) structure, and must be an accumulator fund. Managers must have a minimum of five years track record, and an active and top-down approach is preferred.

Closing date for applications is 18 June.

Further details including how to apply can be found on www.ipe-quest.com.


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IPE QUEST

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IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2474

    Asset class: All/Large Cap Equities.
    Asset region: Global Developed Markets.
    Size: $150m.
    Closing date: 2018-09-25.

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