SWITZERLAND – A Swiss pension fund has tendered a pan-European small-cap equities via IPE-Quest.

The search (QN562) says the benchmark is expected to be the HSBC Small Europe TR.

The minimum requirements are a solid track record of at least four years. Assets under management in the strategy must be at least $300m.

A stable portfolio management team is required with a minimum tracking error of 4%.

Performance and all other calculations must include data to the end of the fourth quarter in 2005.

The closing date is January 20.