EUROPE - A corporate continental European pension fund wants to invest in Asian large-cap emerging market equities via new managers, and is conducting a search using IPE-Quest.
The $100m (€64m) mandate should be benchmarked against MSCI EM Asia, according to the Quest, QN947.
Minimum asset under management (AuM) for the mandate have been put at $500m, while the manager should have an absolute minimum track record of two years.
The tracking error guidelines lie between 3.0% and 10.0%.
Closing date of the search is July 15.