SWITZERLAND - A Swiss institutional investor is looking for managers for a $100m (€70m) Canadian equity all-cap value mandate, using IPE Quest.

In the search, numbered QN966, the investor said to prefer a quantitative approach and would like specialised client relationship managers.

The investors, a Swiss insurance company, added the manager should be dividend yield oriented, with a know-how for insurance.

The stated benchmark for the mandate is S&P/TSX Composite Index, while the process must be active.

Tracking error guidelines have been but between a minimimum tracking error of 0.5% and a maximum of 3.0%

The closing date of this search is September 19.