An unnamed Asian institutional investor is on the lookout for an asset manager to take on a $125m (€101m) global emerging markets fixed-income mandate.

A search has been put out via IPE Quest on behalf of the investor, seeking discretionary management of a portfolio of actively-managed fixed-income securities.

Search QN-2422 specifies that the mandate will follow the JPM Corporate Emerging Market Bond index (CEMBI).

The portfolio is to have diversified exposure to instruments from global issuers including sovereigns, quasi-sovereigns and corporates.

Managers responding to the RFP should have at least $1bn under management in this asset class, and $3bn of total assets under management.

The final closing date for the search is 21 March at 5pm UK time.

The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation 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