IPE QUEST - A European pension fund is looking to invest as much as $110m (€80m) in equity markets worldwide using IPE Quest.
For the first mandate, the continental European scheme is aiming to invest $35m-55m in global emerging markets equity in a pooled vehicle domiciled in a country belonging to the Organisation for Economic Co-operation and Development.
The mandate, which can be managed either passively or actively, should have both growth and value at the heart of its investment style, with the scheme asking only for the adoption of the benchmarks typically employed.
Any pooled vehicle considered should have at least $500m in assets under management, while the applicant should manage overall assets totalling at least twice that amount.
Applying companies must have at least three years of experience, with no back-tested data acceptable for presentation.
The second mandate applies the same terms for its investment, but asks for a global dividend yield within equity, again worth $35m-55m.
Any investment manager should again have at least three years of experience and a minimum of $1bn in assets under management, and be located in an OECD country.
Interested parties should apply by 30 November, submitting performance data net of fees up until the end of September.
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) 20 7261 4630 or email email@example.com.