AXA Switzerland is looking to launch a $200m global leveraged loan mandate for Swiss pension foundations with a focus on senior loans.
The preferred profile, according to IPE Quest’s search QN-2790, includes high and consistent outperformance versus S&P Global Leveraged Loan Index (SPLGAL Index) and a low total expense ratio.
Participating managers should be able to show a minimum track record of five years, with a minimum $500m of assets under management (AUM) for the asset class ($1bn for total AUM).
The deadline for this mandate has been set for 16 September 5pm UK time.
Corporate scheme seeks manager for Japanese large-cap equity
Separately, a corporate pension fund based in Germany is seeking to appoint an asset manager for a €80m passive Japanese large cap core equity mandate.
According to search QN-2789, the pension fund is requesting that there is a 100% index replication of the Tokyo Stock Exchange Tokyo Price Index (TOPIX) and that only a segregated account is used – no ETF or public funds.
Participating asset managers must have experience with German KVG and Depotbank and should be able to show a minimum track record of three years.
They should also have a minimum AUM of €1bn for the asset class.
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.
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