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Mandate roundup: Swiss scheme seeks passive bond manager for $1bn

IPE Quest to search for managers for a securitised investment grade global bond mandate worth $1bn (€819.9m). According to search QN-2662, the global passive brief will follow the Barclays Global Aggregate Securitized index. Participating managers should supply gross of fees performance data as of 31 December 2020 and are required to hold a minimum $20bn of total assets under management (AUM) for this particular asset class, with a required minimum total AUM of $50bn. Interested managers should also have a five-year minimum track record, but 10 years are preferred, the search stated. The deadline to participate in this search is 5pm UK time 22 February.

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