SWITZERLAND - A Swiss pension fund is looking for a manager for a $20m (€15m) active global emerging markets equity portfolio.
The mandate will be benchmarked against the MSCI Gross Emerging Markets with a tracking error between 3% and 7%.
Any approach, including fundamental or quant, will be considered and the client states in QN813 it is open to any investment style.
Interested managers have to have a minimum track record of three years, the preferred track record being five years. The minimum of assets under management for the mandate is $750m and $1bn for the firm.
Performance has to be stated to end of March 2007, net of fees, on an unhedged currency basis.
The search closes on June 18.
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