EUROPE – A Zurich-based investment consultant has tendered an active global mid- and small-cap equities brief worth 150 euros via IPE-Quest.

Zurich-based Kottmann Advisory is conducting the search on behalf of a pension fund client.

The mandate is to be via a segregated account, with an open benchmark. The return target is 200 basis points above the index, with a maximum tracking error of 750 basis points.

Applicants must show special experience in this area with at least a three-year track record and a “significant specialisation” in this investment category.

The closing date is April 23.