UK – A UK-based insurer/multi-manager is searching for asset managers with experience in pan-European large-cap value equities via the IPE-Quest system.

As part of its plans to launch a new fund, the company is researching asset managers with experience in the area.

Initial seed investment into the fund at launch is expected to be around 50 million dollars, “with the expectation of additional funds being added in the future”.

The company has “an open attitude to assets under management and track record within this asset class”. The primary focus is an ability to demonstrate experience in managing this asset class.

There is no preferred benchmark. The closing date is February 28.