Singer & Friedlander Investment Management (SFIM) has won the mandate to run a pan-European equity portfolio for Procordias Pensionsstiftelse II. The active mandate, the size of which is not revealed, is to be benchmarked against the MSCI Europe (excluding Sweden) total return index, with the aim to outperform it by 3% a year.
SFIM says the win originated from an application through the IPE-Quest electronic mandate tender system. Says Peter Dencik, managing director of SFIM: “Our appointment by Procordias Pensionsstiftelse II is another extremely important win for Singer & Friedlander.”