Institutional tenders $200m Asian ex Japan equity mandate using IPE-Quest

first_imgTo tender, managers should have a minimum $2bn is assets under management for the mandate and a minimum of $5bn for the firm itself.Managers should also have a minimum track record of three years, preferably 10.Interested parties should supply performance data, gross of fees, to the end of 2013.The closing date for applications is 14 February.Meanwhile, in another search (QN1385), an undisclosed public sector pension fund in Switzerland tendered a CHF50m-75m (€41m-61m) global convertible bonds mandate.The investor requests an active strategy with a high gamma focus using the UBS Convertibles Global Focus as a benchmark.The manager should have a minimum of CHF1bn of AUM in convertibles, with a minimum fund AUM of CHF150m.Managers should have a minimum five-year track record, and performance data should be supplied, net of fees, to the end of 2013.The closing date for applications is 2 February. An undisclosed institutional investors has tendered a $200m (€146m) large-cap Asian ex Japan equity mandate using IPE-Quest.In search QN1384, the investor said it was looking for an active investment strategy and that it was agnostic towards style biases.It said strategies should not be quantitative driven and should explicitly focus on Asia ex Japan. Asia Pacific strategies will not qualify.The mandate requests the manager employ the MSCI AC Asia ex Japan index as a benchmark.last_img read more

Laborer wounded in Cabatuan hacking

first_imgILOILO City – A heated argument led to hacking in Barangay Lutac, Cabatuan, Iloilo. The 34-year-old Tito Copina was tagged as the suspect. This prompted Copina to hack Sancho on the body, police said. It was, however, not immediately established what triggered the altercation. According to the police, Sancho and Copina – both residents of Barangay Lutac – figured in a heated argument around 9 p.m.center_img The suspect was detained in the lockup cell of the municipal police station, facing charges./PN The 40-year-old laborer Joey Sancho was rushed to the Ramon Tabiana Memorial Hospital in Cabatuan due to hack wounds he sustained after the July 25 incident.last_img read more