EUROPE - A European multi-manager has tendered an actively managed Japanese large-cap or all-cap equity brief through IPE-Quest.

The mandate will be initially worth up to 65 million dollars (53.8 million euros) and is benchmarked against the TOPIX index.

No restriction has been placed on assets under management or minimum track records - but attention will be paid to the track record of the lead portfolio manager and the experience of the team as a whole.

The closing date is September 16.