UK - A UK-based investment consultancy company has said it is looking for a manager to manage a $1bn (€780m) global developed market debt investment grade mandate, using IPE quest.

In the search, QN982, the consultant said the mandate will have a focus on capital preservation, and the performance measurement is likely to be cash plus.

The mandate will invest in predominately government issued or backed debt mainly in dollars, euros and sterling but small allocations to other currencies are also likely.

"Currency weightings will form part of the investment guidelines," said the consultant.

The closing date for this search is December 19.