An unnamed pension fund from the Benelux countries is hunting for managers for two €100m mandates for Asia-Pacific and emerging markets equities, using IPE Quest.

According to search QN-2172, the pension fund is looking for a company to manage €100m of emerging market equities using an active investment process.

The fund said it was looking for a specific mandate to match an investment case it developed internally, focusing on “the emerging consumer”.

As part of this mandate, there is room to add small cap and frontier market exposure, the pension fund said.

Meanwhile, in search QN-2173, the pension fund is searching for a manager to take on a €100m mandate for all and large-cap equities in the Asia-Pacific region, using a factor-based approach.

Tracking error should fall be below 6%.

The pension fund said it wanted to find a manager employing a multi-factor-based approach, including strong relative risk management. 

In responses, asset managers are asked to elaborate on their approach to mitigating tracking error, extreme tracking error and relative draw-down.

The deadline for responses to both searches is 8 April.

The IPE 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 3465 9330 or email jayna.vishram@ipe-quest.com.