IPE QUEST - A Swiss pension fund is looking to invest CHF100m (€76m) in corporate bonds, using IPE Quest.

Mandate QN1160, being overseen by a Swiss investment consultant, would allocate all funds to corporate investment-grade bonds within the euro-zone.

The pension fund has placed several restrictions on companies, insisting that if they draw more than 5% of total revenue from armaments, tobacco, gambling or nuclear energy, they will be excluded.

Additionally, companies where more than 5% of total revenue is a result of genetically modified organisms will also be excluded.

The mandate should be run using a long-only style, with a segregated portfolio, such as an existing umbrella fund, allowed as an investment option.

The Citigroup Euro Broad Investment Grade Corporate Bond index will be applied as a benchmark.

A second mandate, QN1161, is valued at $100m (€105m), with a Swiss institutional investor looking for exposure to the US stock market.

The mandate should employ a clear active style and be able to implement a blend strategy if market conditions demand it, while prior experience in dealing with Swiss clients would be desirable.

The MSCI US index will be applied as the benchmark, with managers asked to provide at least three years of tracking error for reference during the application.

Interested parties should apply for QN1160 by 16 February, while applicants have until 4 March to send in all relevant documents for QN1161.

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 direct from IPE Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email jayna.vishram@ipe-quest.com.