A corporate pension fund based in Germany has published several tenders via IPE Quest worth a total close to €400m.
According to search QN-2777, the pension fund is looking for a manager to run a €100m passive European large-cap core equities portfolio tracking the Stoxx 50 Price Index.
The scheme is also looking for a manager for a €100m passive US large-cap core equities portfolio tracking the S&P 500 Total Return Index (QN-2778), and for another manager for a £90m passive UK large-cap core equities mandate tracking the MSCI UK IMI Loc Net Index (QN-2779).
It is also seeking a manager to run a $100m emerging markets large-cap core equities portfolio tracking the MSCI Emerging Net Total Return Index (QN-2780).
When applying for any of the mandates, performance as of 31 May 2022 should be stated and participating managers will need to have at least €1bn in assets under management (AUM).
Participating managers should also have a minimum track record of three years and must have experience with German KVG and Depotbank.
The deadline to apply for these mandates has been set for 12 July 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.
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