GLOBAL – A European pension fund is seeking to appoint a manager able to oversee a $20m (€15m) Asia-Pacific real estate mandate, using Âé¶¹Ó³»-Quest.
According to search QN1299, the fund said it would consider exposure to the entire Asia-Pacific region, including Australia, benchmarked against trade association ANREV's index.
The core property mandate should be actively managed, with $500m invested in a similar strategy and a total of $5bn in assets overseen by the applying manager.
The mandate's tracking error should not fall below 0.5% or exceed 5%, the fund said.
It added that it would consider companies with at least five years experience, but said it would prefer a track record of 10 years.
Interested parties have until 17 May to apply, stating performance net of fees to the end of March.
The Âé¶¹Ó³».com news team is unable to answer any further questions about Âé¶¹Ó³»-Quest tender notices to protect the interests of clients conducting the search. To obtain information directly from Âé¶¹Ó³»-Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email jayna.vishram@ipe-quest.com.


