SWITZERLAND – Lugano-based investment consultant Kieger has tendered two mandates worth up to a combined $100m on behalf of clients via IPE-Quest.

The first (QN503) is for indexed large-cap core US equities, with the preferred benchmark being the S&P 500. There is flexibility for other solutions “as far as the reason is convincing”.

There is no preference regarding the replication technique as far as the manager is expected to invest following a structured and clearly defined process.

The second (QN504) is for active large-cap core US equities, with managers adopting short selling strategies could also be considered. The short-selling proportion of the portfolio is up to the manager. Hedge funds will not be accepted.

The preferred benchmark for both mandates is the S&P500. The closing dates are September 5 and 12 respectively.

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