UK – A UK multi-manager has tendered a pan-Europe ex-UK large-cap growth equity mandate, which could be worth more than $100m (€81.1m), via IPE-Quest.
The manager is prepared to consider euro zone and/or pan-Europe including-UK equity, if candidates are unable to offer pan-Europe ex-UK products but such changes should be supported by strong track records.
The most important criteria: long-only, large cap, growth, European equity. The suggested benchmark is MSCI Europe Ex UK but other benchmarks will be considered as well.
The multi-manager wishes to review products with a minimum expected alpha of +2.5%.
Applications must be sent by August 17.