SWITZERLAND – A Swiss pension fund has tendered a mandate for enhanced Swiss equities worth 50 million Swiss francs (32 million euros) via IPE-Quest.
The search is being run by investment consultant Kottmann Advisory on behalf of a Swiss pension fund client.
The tender calls for a segregated vehicle only. The benchmark is the SMI and the universe is the SPI Index.
The return target is 20 basis points per annum and the tracking error is < 1.5%. Reporting currency is Swiss franc. The manager must show special experience in this area with a minimum three-year track record and a significant specialisation in this asset class.
The closing date is December 11.
Related articles
NewsMercer survey reveals FTSE 350 DB accounting deficits skyrocket by £13bn
Total DB liabilities reached £970bn at the end of July
- News
COVID-19 mortality impact negligible for Dutch funding ratios
9.1% more deaths were recorded in the first six months of the year than could be expected based on the historical average
- News
Swiss schemes pushed to adopt riskier strategies amid crisis uncertainty
Swiss pension funds will need to pursue riskier investment strategies in a hunt for higher returns in a prolonged period of low interest rates and amid the consequences of the COVID-19 pandemic. “Hunting for yield is costlier and harder to do for pension funds, as for other investors,” Jackie ...
Copyright © 1997–2020 IPE International Publishers Limited, Registered in England, Reg No. 3233596, VAT No. 685 1784 92. Registered Office: 1 Kentish Buildings, 125 Borough High Street, London SE1 1NP
No comments yet