An undisclosed pension fund based in Switzerland has tendered a CHF40m (€36.4m) corporate bond mandate using IPE Quest.
According to search QN-2185, managers of the active mandate should measure performance against the Swiss Bond Index SBI Total A-BBB, although there are no tracking-error guidelines.
Neither does the client have any requirements for minimum assets under management.
The client will accept both Swiss and foreign public and private issuers.
Asset managers should have a track record of at least one year – and preferably three years.
Interested parties should state performance, gross of fees, to the end of March.
The deadline for submitting questions is 10 May, while the final closing date is 13 May.
The IPE news team is unable to answer any further questions about IPE Quest 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 jayna.vishram@ipe-quest.com.
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