IPE-QUEST - A Netherlands-based corporate pension fund is looking to hire a suitable eurozone corporate bond manager to look after a €35m ($50m) investment, and is conducting the search using IPE-Quest.

QN1045 states the pension fund's intention is to apply an active strategy in which it invests in mainly European corporate credit above investment grade (BBB or higher) but may be willing to consider some derivatives holdings as the mandate will be 78% benchmarked to the Barclays Capital Euro Agg Credit index and 22% benchmarked to the Barclays Capital Euro Agg Securitized index.

Interested parties must supply data net of fees to 31 July 2009, while minimum assets under management for the mandate is $1bn against $5bn managed by the firm.

Submissions must be presented by 7 September 2009.

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 direct from IPE-Quest, please contact Jayna Vishram on + 44 (0)209 7261 4630 or email jayna.vishram@ipe-quest.com