German pension fund tenders E60m via IPE-Quest

GERMANY- A German investment consultant has tendered a 60 million-euro segregated advisory mandate on behalf of a German pension fund via IPE-Quest.

The mandate, known as Master-Spezialfonds, entails active management of pan-European value equities.

The successful candidate would be required to have a specific value investing approach with a benchmark of either the MSCI Europe Value Index or the STOXX Total Market Value Index.

There are no guidelines as to length of track record or minimum or maximum assets under management within the asset class.

The closing date for tenders is May 12.

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