EUROPE – A pension fund based in continental Europe has tendered two global equity mandates worth $50m (€38m) each, using IPE-Quest.
In search QN1294, the corporate pension scheme said it was looking for an asset manager to run a global equity mandate, which will have to be managed actively.
The manager should also have growth at the heart of its investment style, with the scheme asking only for the adoption of the MSCI World index as benchmark.
In Search QN1295, the mandate tendered by the same corporate pension scheme applied the same terms for its investment, but asks for a dividend yield within a global equity portfolio.
The investor expects managers to have at least $500m (€381m) in assets under management for the strategy and $1bn for the company itself and asks that only companies with at least five years' experience apply.
Interested parties should state performance, net of fees, to the end of March this year. The closing date for applications is 3 May.
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 email@example.com.