Mandate Profile:
- Client Type: German Pension Fund
- Initial Investment Volume: approx. 70 m. EUR
- Investment Universe: Euro Sovereign Bonds
- Investment Restrictions: ESG should be an integral part of the investment process. The portfolio needs to be managed in accordance with client-specific ESG guidelines, details of which are only disclosed to long list candidates at a consecutive stage of the selection process; opportunistic non investment grade exposure up to 5%; Minimum Rating at least B-
- Benchmark: e.g. JP Morgan GBI EMU Index, iBoxx Euro Sovereign Bond Index or comparable
- Target Tracking Error: not restricted
- Hedging: Non-EUR denominated bonds should be hedged in EUR
- Derivatives: allowed
- Investment Style: active, long-only
- Investment Vehicle: Segregated Account (German “Spezialfonds”)
Deadline: Thursday, March 2nd, 2023 (COB)
