UK - One of Europe's leading insurance companies today notified three US debt searches valued at more than 1.5 billion euros through, IPE’s site that brings together Institutional Investors and asset managers.

The company is seeking managers for US Core debt, US bbb Debt (investment grade) and US bb Debt (below investment grade) mandates.

Earlier this year the same insurer appointed two managers to run separate portfolios after using for the first time. has now carried 35 mandates in 2002, valued at more than 5 billion euros, with 12 managers so far appointed to manage approximately 1.5 billion euros of these assets.