A Swiss occupational plan has issued three tender notices for mandates worth up to CHF6.9bn (€7.4bn) in large-cap and small-cap equity via IPE Quest.
According to search QN-2856, the pension fund will look to invest CHF2.5-5bn in world ex-Switzerland large-cap equity. The passive mandate will follow the MSCI World ex Switzerland IMI index.
Participating managers should be able to show a minimum track record of three years (five years is preferred), with a minimum CHF10bn of assets under management (AUM) for the asset class (CHF50bn for total AUM).
For the world ex-Switzerland small-cap equity mandate (search QN-2857), also a passive brief, it will follow the MSCI World ex Switzerland Small Cap index.
Participating managers should have a minimum CHF1.5bn of AUM for the asset class, the notice disclosed.
The unknown pension fund is also tendering a CHF600m-1.2bn passive Swiss large-cap equity tender (search QN-2858), following the SPI 20 TR index. Participating managers should have a minimum CHF4bn of AUM for the asset class
The deadline for all three mandates is 25 January, 5pm UK time.
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 email@example.com.