Fund to award €50m small cap brief
EUROPE - A continental European pension fund is looking for a manager for a €50m pan-European equity small cap core mandate, using IPE Quest.
In the search, QN950, the unnamed fund says it would like to receive benchmark suggestions for the brief from managers.
There are no minimum tracking error guidelines, though the maxim tracking error guideline has been put at 5%.
The fund requests only managers with minimum assets under management for the mandate of $500m reply to the quest.
The closing date of this search is July 23.