DENMARK - Kirstein Finans has tendered €70m in long-only actively managed European equities on behalf of a Danish Pension Fund via IPE-Quest.

The brief (QN576) says the target is to outperform the MSCI Europe irrespective of the style in the market.

All-cap products are preferred, but focused large-cap products will also be accepted. The product should be style neutral over time, but style biases will be accepted. No leverage is accepted.

The mandate could potentially increase quite quickly. Preferably the mandate will be packaged as a Danish fund solution.

The deadline for this search is Friday, February 17 2006.