IPE-QUEST: Swiss multi-manager tenders €161m
SWITZERLAND - A Swiss multi-manager has tendered a Swiss large cap-core equity mandate worth up to CHF250m (€161m) via IPE-Quest.
The search is being conducted by a Swiss-based consultant. No particular style bias is required for the brief, which will be benchmarked against the SPI index. Tracking error is expected to range between three and eight percent.
Both pooled and segregated accounts may be considered. Candidates are required to present a composite annualised performance data, including assets under management.
Responses to the questionnaire must be in German. The closing date is April 25.