GERMANY - A German corporate investor wants to launch a €100m Asia Pacific equity all/large mandate and is looking for managers, using IPE-Quest.
The search, QN948, is being conducted for information purposes, "as it is not clear whether one of the current managers will be replaced," according to the investor.
The investor says the mandate should be benchmarked 50% against MSCI Japan and 50% against MSCI Pacific ex-Japan.
The investment universe is limited to those stocks, that are headquartered within any of the benchmark's member countries.
No tracking error guidelines have been stated, nor are there any minimum assets under management required for either the mandate or the firm.
The closing date of the search is July 22.