An undisclosed corporate pension fund in Switzerland has tendered a $70m (€59m) developed-world equity mandate using IPE-Quest.
According to QN1480, asset managers should employ the MSCI World ex Switzerland index, with a maximum tracking error of 2.5%.
Interested parties should have a minimum of $250m in assets under management (AUM) for the mandate itself and $1bn in AUM as a company, with at least a three-year track record.
Managers should state performance (net of fees) to the end of 2014.
The closing date for applications is 29 January.
In other news, Barnett Waddingham has been appointed to provide independent investment consultancy services to the trustees of the £2bn (€2.6bn) Stanplan A DC master trust and the £800m Standard Life DC Master Trust.
Stanplan A and the Standard Life DC Master Trust are DC arrangements for multiple, non-associated employers.
Lastly, the trustee of the Manchester Airports Group defined contribution pension scheme has appointed Buck Consultants at Xerox to provide pensions administration and member technology services.
The services will include guidance on reforms related to the new Freedom and Choice proposals that come into effect in April.
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 7261 4630 or email jayna.vishram@ipe-quest.com.
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