A Swiss pension fund is using IPE Quest to search for managers for a green bonds portfolio worth CHF100m (€90.9m).

According to search QN-2656, the global mandate will follow the Bloomberg Barclays MSCI Global Green Bond Index. It added, however, that “out of benchmark positions are welcome as long as an environmental impact can be justified”.

Participating managers should supply gross of fees performance data as of 31 December 2020 and are required to hold a minimum CHF1bn of total assets under management (AUM) for this particular asset class, with a required minimum total AUM of CHF5bn.

Interested managers should also have a three-year minimum track record, but five years are preferred, the search stated. 

The deadline to participate has been set for 5pm UK time on 25 January.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.

Scottish Enterprise awards admin, actuary and investment consulting mandates

The trustees of the Scottish Enterprise Pension and Life Assurance Scheme, with close to £800m (€883.8m) in AUM, have appointed Hymans Robertson and Isio for a couple of admin, actuarial and investment consulting mandates.

Hymans Robertson was appointed for a brief that includes actuarial, administration, scheme accounting, general consulting, governance and scheme communications services, while Isio was awarded with the investment consulting mandate, according to a notice on the Official Journal of the European Union (OJEU).

Both contracts will run from 1 April 2021 to 31 March 2024 with the option to extend for a further 12 months, it said.

The UK’s Teacher Pension Scheme has issued a prior information notice with OJEU to initiate engagement with the market for the provision and procurement of solutions required to manage the administration of pensions, payments and the provision of related customer and employer organisation interfaces and services for the fund.

There will be a virtual industry day and follow up events to provide the opportunity for one-to-one discussions, prior to the launch of a formal competition, currently expected to start in August 2021, the notice said.

The industry day will be held on 28 January 2021 via Microsoft Teams. A full agenda will be issued prior to the meeting taking place. To register interest, please order tickets via EventBrite.

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