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Insurer tenders mandates via IPE-Quest

UK – An insurance company multi-manager in the UK has tendered two segregated mandates via IPE-Quest for sterling credit and European bonds worth more than 50 million dollars apiece.

The 50 million dollar sterling credit mandate “will be managed against the Merrill Lynch Sterling non-Gilts index”.

The 50 million dollar European aggregate bond mandate is to be managed against the Lehman Pan-European Aggregate Index. “Target performance is 75 basis points per annum net.”

Managers should submit performance data for a European Aggregate fund for up to five years.

Closing date for both is April 14.

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  • QN-2519

    Asset class: Fund wrapper.
    Asset region: Global.
    Size: EUR 80m.
    Closing date: 2019-03-29.

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