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Danske Capital uses IPE-Quest to conduct emerging market manager search

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  • Nyhavn in Copenhagen, Denmark

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Danske Capital has used IPE-Quest to conduct a search for an additional emerging market equity manager for its investment platform.

According to search QN1348, the $200m (€145m) mandate calls for a minimum track record of three years, preferably five.

The mandate will be measured against MSCI Emerging Markets index, and the applicant’s track record must be for a standalone emerging market equity product (no carve outs allowed).

Danske said it would also prefer a manager with a “proven track record” and a skilled investment team that has ”worked together for a long period of time within this specific asset class”.

Otherwise, it has no minimum assets-under-management requirements, while tracking error guidelines are to be confirmed at a later date.

Danske said the product would be launched within a UCITS setup available for sale in all Nordic countries, and the portfolio will be set up as a segregated account and sub-advised mandate.

Interested parties should state performance, gross of fees, to the end of September.

The closing date for applications is 20 November.

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.

 

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