Strathclyde Pension Fund, the largest UK local authority, is looking for a responsible investment (RI) overlay provider.

The five-year contract, estimated to be worth £600,000 (€752,000), would begin in January next year, according to a tender notice, with the local government scheme open to renewing the contract once.

The fund first appointed Global Engagement Services (GES) as an overlay provider in 2012, and has been a signatory of the UN-backed Principles for Responsible Investment (PRI) since 2008.

It has pledged to incorporate environmental, social and governance (ESG) issues into its investment analysis and decision-making processes.

The firm has recently engaged with Japan-based Rakuten after reports that its parent company Rakuten Ichiba was “profiting from the killing of endangered species through online sales of a wide range of whale meat and ivory products”, according to Strathclyde’s most recent RI report for the first quarter of the year.

It also confirmed it would become a signatory to the Carbon Action initiative by the Carbon Disclosure Project, urging action on greenhouse gas emissions.

Applications should be submitted by 10 September.

Meanwhile, a Swiss pension fund is looking to commit up to €20m to a global equity fund, using IPE-Quest.

According to search QN1442, the fund would like to appoint a global equity manager to oversee its investment, which could be split across a number of funds.

The mandate will concentrate on the equities of firms with global brands or “global Titan firms”, according to details provided by Kottmann Advisory.

Interested parties can request further details before 20 August.

The news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information direct from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email