European pension funds seek exposure to investment-grade global bonds
IPE QUEST - A number of pension funds are looking to invest as much as CHF50m (€40m) in the global bond market, using IPE Quest.
In mandate QN1152, a Swiss investment consultancy is looking for investment options on behalf of schemes in mainland Europe and the UK.
The CHF50m would be divided between two to four mutual funds, with exposure to euros, sterling, the US dollar and Swiss francs welcome.
However, the investment will not be hedged against currency exposure.
Both mutual funds and pooled vehicles will be considered, with no restriction placed on investment style.
Interested parties must demonstrate significant knowledge of, as well as dedication to, global investment-grade convertible bonds and should aim to consistently outperform the UBS Global Investment Grade Convertible Bond index.
Applicants should submit their performance data to the end of September by 13 January.
The mandate comes shortly after the consultancy launched a search to invest CHF50m in the bond market, without placing restrictions on the quality of the debt.
The IPE.com news team is unable to answer any further questions about IPE Quest tender notices to protect the interests of clients conducting the search. To obtain information direct from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email email@example.com.