IPE-QUEST – An undisclosed corporate pension fund based in Continental Europe has tendered a $100m (€77m) enhanced passive equity mandate using IPE-Quest.

According to search QN1308, asset managers should employ the MSCI World Gross index as a benchmark.

Applicants must also have at least $2bn in assets under management and a minimum track record of five years.

The maximum tracking error guideline is 0.2%.

Interested parties should state performance, net of fees, to the end of March.

The closing date for applications is 12 July.

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.