IPE-QUEST: Danish fund tenders emerging markets
DENMARK – Kirstein Finans has tendered €70m in long-only emerging market equities on behalf of a Danish pension fund via IPE-Quest.
The search (QN565) says the target is to outperform the MSCI Emerging Markets Free Index irrespective of the style in the market.
The guidelines are for an actively managed product (not index or enhanced index), style neutral over time, but style biases will be accepted. There should be no leverage.
The mandate will be packaged as a Danish fund solution.
The closing date is January 20.