NETHERLANDS - A Dutch pension fund is looking for two or three UK equities managers via IPE-Quest.

The €400m large-cap enhanced equity mandate will have a maximum tracking error of 2.5%. The current benchmark is the MSCI UK, but the investor is considering changing to the FTSE 350.

In search QN 828 the pension fund asked managers to "be brief and to the point" in their response. It also advised that some short-listed managers will be invited to on-site visits which will be held in the week of September 17.

The search ends July 23.

In search QN825 a European multi-manager seeks to appoint a manager for an active pan-European all or large cap equities portfolio.

For the $80m (€58.8m) mandate the investor will consider any indices "whether broad market indices or style and cap specific indices". Minimum tracking error is 5%.

Interested managers have to state performance to end-March 2007 gross of fees. The minimum track record is one year but preferably managers should have at least a three year track record. The minimum of assets under management is $500m and $1bn for the firm.

The investor advises "only focus fund managers are to reply". Focus is defined as a strategy that invests in less than 50 stocks.

Managers of all investment styles are invited.

"This is a potential mandate that will be allocated should the right manager come along," the investor noted.

The search ends July 31.