IPE QUEST - A German corporate pension fund has tendered a $150m (€115m) North American equity mandate using IPE Quest.
According to search QN1224, asset managers should take an active approach to investing in Canadian and US equities, employing the MSCI North America index as a benchmark.
Applicants must also be familiar with Germany’s master KAG structure.
The pension fund does not specify a minimum figure for assets under management or tracking error, but it does call for at least a three-year - and preferably a five-year - track record.
Interested parties should state performance, net of fees, to the end of 2011.
The closing date for applications is 10 February.
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 email@example.com.