IPE-QUEST - A continental European pension fund is looking for a manager to take on a $300m (€206m) global developed markets enhanced passive equity mandate, and is conducting the search using IPE-Quest.

Details of QN1054 reveal the pension fund is interested in market neutral global developments markets equities benchmarked to the FTSE RAFI All-World 3000 Index or MSCI World, with a maximum tracking error of 50 basis points.

Firms must have a track record of at least three years but a five-year track record is preferred, and the asset manager must hold a minimum of at least €10bn in that mandate.

All date submitted by interested parties must be presented gross of fees to 30 September 2009, and submitted via IPE-Quest by 10 October 2009.

The news team is unable to answer any further questions about IPE-Quest tender notices, to protect the clients conducting the search. If you wish to obtain information direct from IPE-Quest, please contact Jayna Vishram on + 44 (0)209 7261 4630 or email jayna.vishram@ipe-quest.com.