Compenswiss has launched a search for managers of CHF-denominated money market funds, with allocations ranging between CHF200m and CHF1bn per fund, according to searches on IPE Quest.
The Swiss public pension compensation fund is seeking to expand its range of short-term liquidity investment vehicles and intends to invest in several CHF money market funds.
According to search QN-3008, candidate funds must have at least CHF500m in assets under management and be able to absorb relatively high subscription and redemption volumes. Managers must oversee at least CHF5bn in total firm-wide assets.
The proposed vehicles will invest in CHF-denominated money market instruments and short-term debt securities, with Swiss-based fund structures preferred. The benchmark is SARON or an equivalent CHF money market benchmark.
The mandate requires a minimum three-year track record, although five years is preferred. Performance data should be provided gross of fees as of 31 March 2026.
The request for proposals process began on 18 May, with submissions due by 3 June at 5pm UK time.
Compenswiss expects to evaluate proposals between 3 and 26 June, followed by on-site due diligence visits from 29 June to 10 July. Finalists are expected to be selected in September.
Separately, an institutional investor based in Switzerland is searching for a manager for a $500m US all/large-cap equity mandate.
According to search QN-3010, the mandate will follow an active quantitative investment approach benchmarked against the S&P 500. Candidate managers must have at least $2.5bn in assets under management in the asset class and a minimum of $5bn in total firm-wide assets.
The investor requires a minimum three-year track record, with 10 years preferred. Performance figures should be supplied gross of fees to 31 March 2026. Submissions are due by 12 June.
Meanwhile, a Swiss pension fund has launched a Discovery search for global developed markets small-cap equity managers.
Under Discovery DS-3009, the pension fund is exploring pooled quant or smart beta strategies for a potential CHF40m allocation. The search forms part of a preliminary manager review process ahead of a possible mandate award expected in December 2026.
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 further information, contact IPE Quest directly.
