IPE-QUEST – An undisclosed German pension fund has tendered a $150m (€115m) global emerging market equity mandate, using IPE-Quest.
According to search QN1316, fund managers must have at least $500m in assets under management for the mandate itself.
Managers must also observe a tracking-error guideline of no less than 0.5% and no more than 5% of the MSCI Emerging Market Free Net Dividend index.
The mandate calls for a minimum track record of five years and a preferred track record of 10.
Interested parties should state performance, net of fees, to the end of June.
The closing date for applications is 31 July.
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 firstname.lastname@example.org.