SCANDINAVIA - A Scandinavian institutional investor is looking for managers for a $50m (€35m) Latin America all/large-cap core equity portfolio, using IPE Quest.
In the search, QN943, the investor says managers with track records of less than three years are encouraged to reply if their "composite IR" in 2007 exceeds 1.
The mandate will be subject to restrictions related to social responsible investing, though no Latin American companies are currently excluded from the investment universe.
The mandate will also be subject to TAA-related flows and will be benchmarked against the MSCI Latin America 10/40 index.
Closing date of the search is June 24.