Danish pension fund pursues high alpha strategy
DENMARK - A Danish industry-wide pension fund is looking to place €50m of its assets under a high alpha European equities strategy, and is looking for a manager to handle it, via IPE Quest.
Details of QN961 reveal the fund is "flexible regarding segregated accounts or fund solutions" but is looking for long-only equity investment with a tracking error of 4-12% against the MSCI Europe index.
Performance must be stated to 31 July 2008 and all data must be presented in euros, said the pension fund, though no leverage will be allowed on the assets.
Applications must be submitted through the IPE Questionnaire by 14 September 2008.