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Danish investor seeks manager for $300m EM currency allocation

Two pension funds are seeking to place mandates through IPE Quest.

According to search QN-2452, a Danish investor is searching for a single manager for a $300m (€255m) hard currency emerging market debt mandate.

The selected manager must run an actively managed strategy, and all investment styles are acceptable. However, no leverage is permitted on the mandate – and, according to the Danish pension fund, blended products are “not of interest”.

The manager must be willing to set up a segregated account and be able to outperform the JP Morgan EMBI Global Diversified DKK-hedged index .

Interested parties should apply by 22 June 2018, stating performance data to 31 December 2017, gross of fees. The selected manager will have a track record of at least two years.

Separately, an Asian institutional investor has turned to IPE Quest to place a $10m global trade finance mandate.

According to search QN-2444, the Asian firm is seeking an active manager with at least $1bn of existing assets under management.

The manager should ideally have a track record of at least three years, and must submit performance data to 31 March 2018 net of fees. 

Other factors that will determine the eventual award of the mandate will be considerations of top-down and/or bottom-up strategies; research capabilities; staffing; and the location of the portfolio managers.

Applicants must apply by 25 June 2018.

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.

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IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2467

    Asset class: Search for a broker (mainly ETFs).
    Asset region: Global.
    Size: 250m.
    Closing date: 2018-08-28.

  • DS-2468

    Closing date: 2018-08-24.

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