DENMARK - Nykredit Portfolio Administration is looking for a manager for an inflation-linked government bonds global developed markets mandate, on behalf of a Danish pension fund, and using IPE Quest.

The search, QN919, states the fund needs a manager for a $1bn inflation-linked government bonds mandate, benchmarked to the JPMorgan ELSI (Bloomberg ticker: JPILEILA (EUR)).

There is no minimum assets under management requirement or tracking error guidelines stated but the manager should have an absolute minimum track record of two years, although the preferred minimum track record has been set at five years.

Nykredit stated: "The manager will be able to invest globally in inflation-linked bonds. A small part of the portfolio may be invested in government bonds."

Closing date for the search is March 14.

If you have any comments you would like to add to this or any other story, contact Carolyn Bandel on +44 (0)20 7261 4622 or email carolyn.bandel@ipe.com

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