DENMARK – A consulting firm has tendered a mandate of around 125 million euros for a Euro credit manager on behalf of a Danish pension fund via IPE-Quest.

“The mandate is for a Euro credit manager (fixed income), with investment focus in the rating interval AAA to BBB (Standard & Poor’s rating).” There are limited investments in non-euro securities, which should be hedged.

The benchmark is MSCI Euro Credit Index, though deviations will be acceptable. The consultant, Kirstein Finans, will supply its client with a list of three to five possible managers.

The closing date is September 11.

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