SCANDINAVIA – A Scandinavian asset manager has tendered a $250m (€191.8m) high-yield bond mandate through IPE-Quest.
Managers for the actively managed to be invested on global developed markets brief must have at least $250m worth of assets under management in this asset class.
They must have a minimum track record of three years, although the manager would prefer five years.
The benchmark is open to be agreed between the client and the manager. Applications must reach the manager by February 20.