DENMARK – A Danish pension fund has tendered up to $100m (€77.2m) in global emerging market all-cap core equities via IPE-Quest.

The search (QN633) states that global emerging markets must be a focus area of the asset management company.

The client would prefer a lead manager managing the portfolio backed up by a team of analysts dedicated to the asset class.

The present lead manager must have a long and strong track record investing in Emerging Markets equities (not necessarily generated at the present work place).

The client requires an active fundamental approach, relatively few stocks in the portfolio and a well documented investment process with an emphasis on company/management visits. They also need a segregated account.

The preferred benchmark is the MSCI Emerging Markets. Please note that performance data should be provided to the end of May 2006.

The closing date is June 19.