IPE-QUEST: Danish investor tenders EM debt
DENMARK – A Danish institutional investor has tendered up to $50m (€42.4m) in global emerging markets debt via IPE-Quest.
“The client is looking for direct exposure to local emerging markets currencies via an emerging markets debt product,” the tender states.
The benchmark will be the JP Morgan Local Currency Index or similar. The client does not expect replies from managers offering dollar-denominated products.
The closing date is November 16.