IPE QUEST - A corporate pension fund based in Continental Europe has tendered a $50m (€38.4m) money market mandate using IPE Quest.

Due to client confidentiality, IPE is unable to disclose the client's location.

According to search QN1216, the pension fund has tendered an active, global, cash mandate to be run along the lines of the Euro Government Liquid Reserves Fund.

Applicants should have at least $1bn in assets under management, but the pension fund has not specified a minimum track record or tracking error guidelines.

Interested parties should submit applications by 13 January, stating performance to the end of September 2011, net of fees.

The IPE.com news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.