SWITZERLAND - Three mandates amounting to $200m (€152m) are being tendered for Swiss pension fund money using IPE-QUEST (QN718, QN719, QN720).

The first search is for a manager for a $100m active Eurozone bonds mandate.

The preferred benchmark is a 30-year euro swap or 30-year euro government bond. A minimum of $2bn is required for the mandate and $5bn for the firm.

QN719 is looking for an active manager for a $50m equity large cap core global developed markets mandate. The pension fund is looking for a long-short equity strategy with neutral beta.

Preferred benchmark is the MSCI World Gross index. A minimum of $1bn is required for the mandate strategy and $3bn for the firm in total assets.

In search QN720 a pension fund is looking for a manager for an equity core mandate with the same specifications. But it is looking for a long-only strategy and a minimum of $1.5bn is required for the mandate.

Interested managers for all mandates have to have a tracking error between 1-5%. A track record of at least three years is required for searches QN718 and QN720; five years for QN 719. Preferred track record for all mandates is ten years. Performance has to be stated to year-end 2006 net of fees.

All three searches end March 5 2007.