Border to Coast Pensions Partnership is searching for an active manager to join its £6.8bn (€8.1bn) global equity proposition, complimenting existing managers.

The pool said it is looking for a manager that has a proven track record of delivering outperformance through the application of a fundamental investment approach.

Specifically, Border to Coast is looking to appoint a manager that is philosophically aligned with growth investing and can identify emerging structural-growth opportunities.

The appointed manager will need to integrate responsible investment into its processes and demonstrate alignment with Border to Coast’s net-zero ambitions and decarbonisation objectives.

Launched in 2019, the global equity proposition currently has five global equity managers and two emerging market specialist managers. The new manager will be complementary to the existing investment approaches.

Graham Long, head of external management at Border to Coast, said: “We develop and manage bespoke, innovative propositions for partner funds, ensuring they reap the benefits of scale secured through pooling, as well as benefit from the deep pool of investment expertise we have here at Border to Coast.

“The strength of the relationships we build with external managers on behalf of partner funds is a key benefit of pooling.”

Border to Coast has produced an online presentation for managers interested in tendering for the Global Equity Alpha Fund, providing further information about the selection process available to watch on its website.

It added that full details of the mandate will be contained in the invitation-to-tender documentation that will be available from bordertocoast@mercer.com.

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