A European corporate pension fund is looking for a manager to run a $10m (€7.3m) global insurance-linked securities portfolio, according to a new entry on manager search facility IPE-Quest.
The unnamed pension fund has stipulated the mandate should be run with a defensive style and using an active process, benchmarked against the Eurekahedge ILS Advisers and the Swiss Re Global CAT Bond indices.
Managers should have at least $500m in assets under management in the targeted asset class, and a minimum of $10bn under management overall.
The deadline for responses is 11 August.
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 firstname.lastname@example.org.