IPE-QUEST: German fund tenders emerging markets
GERMANY – A pension fund based in Germany has tendered a global emerging markets equity brief worth up to $100m (€76.2m) via IPE-Quest.
The mandate, which will range between $50m and $100m, will be indexed against the IFCI benchmark in a broad, all-cap universe. The pension fund requires an active, value bias style, but will only consider segregated accounts.
The ideal candidate must be able to prove commitment towards this product type. A proven commitment towards client servicing in Europe and organisational stability are also required.
Applications must reach the fund by March 11.