Danske tenders $250m Chinese equity mandate using IPE-Quest

IPE-QUEST – Danske Capital, the asset management division of Danske Bank Group, has tendered a $250m (€190m) Chinese equity mandate using IPE-Quest.

According to search QN1335, Danske is seeking an active, fundamental, bottom-up manager managing Chinese equities within a universe comparable with the MSCI China (Taiwan is not to be included).

Nor will funds of funds be considered.

The strategy must be UCITS-compliant, and shorting, leverage or derivatives will not be allowed.

Danske said the mandate would be set up as a segregated mandate.

It added: "A-shares will not be allowed, but if the applicant has capabilities within the A-shares market, please indicate this in your reply."

The closing date for applications is 20 September.

The IPE.com news team is unable to answer any further questions about IPE-Quest 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.