IPE-QUEST - A pension fund based in Europe is conducting a search for asset managers to look after euro-denominated inflation-linked debt and absolute return mandates, using IPE-Quest.

Details of QN 1079 reveal the pension fund wishes to invest $40m (€29.26m) in euro-denominated indexed inflation debt issues, using any euro inflation-linked bond benchmark, but the mandate could yet be either active or passive funds or pooled vehicles.

The absolute returns mandate, detailed in QN1078, is again looking for euro-denominated funds or pooled vehicles, and $60m will be invested in absolute returns to achieve Libor +2-5% on the investment.

In both cases, performance data must be net of fees and stated to 28 February 2010, while the minimum required track record is three years for each mandate.

Closing date for submissions via IPE-Quest is 16 March.

The news team is unable to answer any further questions about IPE-Quest tender notices, to protect the clients conducting the search. To obtain information direct from IPE-Quest, please contact Jayna Vishram on + 44 (0)20 7261 4630 or email jayna.vishram@ipe-quest.com