DENMARK – Two Danish pension funds have tendered at least 70 million euros each in global equities via IPE-Quest.

The search is being conducted by investment consultant Kirstein Finans.

There is no preferred investment style and no limitations on tracking error relative to the preferred benchmark, MSCI World.

Only products with a three-year track record or more will be considered, while dedicated small cap, value or growth products are to be excluded.

Based on quantitative and qualitative analysis conducted by Kirstein Finans, the manager search will result in a long and short list which will be provided to the clients.

The closing date is September 30. Candidates should contact Kirstein Finans with questions regarding this quest, while any technical questions about fulfilling the quest should be addressed to IPE-Quest.