DENMARK – A Danish pension fund has tendered an expected $50m (€41.7m) in Asia ex-Japan equities via IPE-Quest.

According to the search (QN577), the target is to outperform the MSCI AC Asia ex- Japan (with net dividends reinvested) in changing market conditions. Australia and New Zealand are not part of the investment universe.

The requirements for the mandate are for at least three years of track record. Short selling and leverage are prohibited. And there should be no fund of funds products.

The mandate will be packaged in a Danish mutual fund solution.

The closing date is February 17.