A Swiss pension fund is looking for managers to take on a €20m mandate for high-dividend equity funds, according to a search on IPE-Quest.
The search is being conducted by Felix Kottmann of consultancy Kottmann Advisory in Zurich on behalf of an unnamed Swiss pension fund.
Four types of funds have been invited to participate – listed funds, mutual funds, special funds for pension funds and exchange-traded funds (ETFs), Kottmann said in the search details.
There are no stipulated tracking-error guidelines or minimum assets under management in the search, and the benchmark for the mandate is also open, according to the IPE-Quest entry.
However, managers should have a track record of at least three years, and preferably between five and seven years.
The deadline for responses from asset managers is 18 December.
For full information, please go to http://www.ipe-quest.com/search.htm