Swiss fund tenders emerging markets on IPE-Quest
SWITZERLAND – A consulting firm has tendered a 40 million-dollar global emerging markets equity mandate on behalf of a Swiss pension fund via IPE-Quest.
The active, segregated mandate is benchmarked against the MSCI Emerging Markets Free Index. The return target is 300 basis points above the index, with a maximum tracking error of 900 basis points.
The search is being conducted by Kottmann Advisory. Performance and other data should be in Swiss francs. The closing date is September 11.