Investor tenders $50m large-cap mandate using IPE-Quest
Investment consultant Kieger has tendered a $50m (€36.5m), global, large-cap equity mandate on behalf of an undisclosed institutional investor, using IPE-Quest.
According to search QN1347, applicants should have at least $1bn in assets under management (AUM) for the mandate and $10bn in AUM for the company itself.
They will also need a track record of at least five years.
Asset managers are to measure performance against the MSCI ACWI, keeping tracking error between 2% and 10%.
Interested parties should state performance, gross of fees, to the end of September.
The closing date for applications is 8 November.
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.