The strategy should be “risk-managed” or “risk-targeted” and although it could invest in other funds, this should not be the main approach. Leverage should also not be the principal strategy.The investor is willing to accept pooled funds or a managed account. The benchmark should be specified and the fund managed against this.Applicants should state performance net of fees to 31 July 2019.The deadline for applications is 6 September at 5pm UK time. Interviews with short-listed managers are due to take place around the end of September to the beginning of October, with investing possible from 15 October.This article was updated with more information from the investor on 16 August.The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email [email protected] A Germany-based consultant has tendered a €15m multi-asset mandate for a Bavarian foundation via IPE Quest.According to QN-2559, the mandate could be split into two equal-sized lots if there is more than one “convincing” manager.The consultant is looking for a mainly long-only fund or managed account for investment in several different asset classes, but excluding real estate.The manager should have a track record of at least three years with at least €150-€200m assets under management in multi-asset strategies. The investment team should be at least partly based in a German-speaking country – Austria, Germany or Switzerland.
Bralon Taplin Rising Grenadian sets another world lead in 300 meters Grenada’s Bralon Taplin set a new world-lead and personal best in the 300-meter run at the Czech Indoor Gala in Ostrava on Tuesday.Taplin set a blinding pace and romped to a comfortable win in 31.97 seconds over the Czech Republic’s Pavel Maslak who established a season best 31.19 for second. Poland’s Rafal Omelko was third in a personal best 32.73.His world leading time came just days after Taplin set another world lead, that time in the 400 meters, at the IAAF World Indoor Tour’s Copernicus Cup Meeting in Torun, Poland. Taplin is fast emerging as one of the world’s finest quarter-miler much in the mould of his predecessor and former Olympic Champion Kerani James. Both James and Taplin qualified for the Olympic finals in Brazil last year. They finished third and seventh respectively.Meanwhile, Jamaica’s Gayon Evans rebounded from her recent loss in Poland to win the 60-metre dash.Evans, who had victories in Germany and Paris last week, rebounded to take the 60-metre dash in 7.20 seconds.The Jamaican was given the same time as Venezuela’s Andrea Purica who set a new national record and personal best. The USA’s Jessica Young-Warren who crossed the line in 7.22s.In the women’s 400m ‘B’ final, Jamaica’s Verone Chambers and Kaliese Spencer finished second and third respectively in the race won by Poland’s Justyna Swiety in 52.73s. Chambers ran a personal best 53.49s for second while Spencer, the 2006 World Junior Champion, produced a season best 53.81 for third.