Mandate Profile:
- Client Type: German Insurance
- Initial Investment Volume: 150 m. EUR (volume perspective of possibly up to 250 m. EUR in the future)
- Investment Universe: Global Developed Equities, Opportunistic Investments (e.g. Emerging Markets or Small Caps) allowed.
- Investment Restrictions: Managers must incorporate ESG criteria in their investment process. If the strategy offers a European-domiciled mutual fund, it should aim to be in line with article 8 according to the EU taxonomy (SFDR) today or in the near future. Strategies with a mutual fund aligned with article 9 according to the SFDR are preferable. Strategies without an European mutual fund vehicle (where consequently no SFDR rating is available) are still welcome to apply; Emerging Market allocations are limited to a maximum of up to 20%.
- Benchmark: e.g. MSCI World Net Return Index, MSCI All Country World Net Return Index or comparable
- Target Tracking Error: not restricted
- Currency Hedging: unhedged
- Derivatives: allowed
- Investment Style: active, long-only
- Investment Vehicle: Segregated Account (German “Spezialfonds”)
Deadline: Wednesday, June 1st, 2022 (COB)