European insurer tenders emerging market equity mandate on IPE-Quest

first_imgA Europe-based insurance company has tendered a €200m emerging market equity mandate, according to a search on IPE-Quest.The unnamed investor has put out a search for an asset manager to run a euro-denominated portfolio of all/large-cap equities within emerging markets.The assets should be managed using a core style, and the insurance company has said specifically that the investment process should definitely not result in a value bias.The process has been stipulated as active, with the benchmark for the portfolio being the MSCI Emerging Markets Index. The investment process should involve fundamental analysis of countries, sectors and companies, the insurance company said.It also said it had a preference for a top-down thematic approach in the first phase of the process.Tracking error is expected to be kept between 2% and 7%.Firms responding to the search should have assets under management (AUM) for this asset class of at least €1.25bn, and total AUM for the firm of €2.5bn.Performance should be stated in US dollars to 31 May.The firm should have a track record of at least five years.The deadline for submissions is 26 June.After that, the deadline for the section of a shortlist is 15 July, followed by a deadline for submission of RFPs on 24 August.The final selection will be made by the board on 1 December, according to the search.The IPE news team is unable to answer any further questions about IPE-Quest 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 7261 4630 or email read more

Miami Pool Boy Calls Jerry Falwell Jr a Predator as Another Pool Boy Comes Forward

first_imgAnd the couple possibly had another encounter with a second pool boy at Miami Beach’s Fontainebleau Hotel. Gordon Bello claims to have had a “personal relationship” with Becki Falwell. Granda and Bello are high school friends who were both working at the Fontainebleau Hotel pool, where they claim they met the Falwells while the couple vacationed in 2012.A second pool boy speaks out in the Jerry Falwell Jr. sex scandalHummm…another pool boy, another day. I’m looking forward to learning the truth— Stone (@stonecold2050) August 27, 2020 In addition, a one-time Liberty University student says former university president Jerry Falwell Junior’s wife performed a sex act on him when he stayed at the couple’s home in 2008. He was 22 at the time and said Becki Falwell initiated the act, he went along with it but rejected further advances.The man says he was at the home after band practice with Becki Falwell’s son and that she continued to offer him gifts and send him messages over Facebook.The couple has released a statement condemning what they called a frenzy of false and fantastic claims in the wake of Falwell Jr.’s resignation following a sex scandal.The son of the evangelical leader of the same name led the university his father founded for 13 years. More details are coming out over Jerry Falwell Jr’s resignation as the president of Liberty University over allegations of a sex scandal.Former pool attendant, Giancarlo Granda, claims he had a sexual relationship with the evangelical leader’s wife, while Jerry reportedly watched, which Falwell denies. Granda appeared on Good Morning America today and spoke on the situation. Falwell-He’s a LiarEXCLUSIVE: Former pool attendant caught in middle of affair with wife of evangelical powerhouse Jerry Falwell Jr. speaks out to @GStephanopoulos.— Good Morning America (@GMA) August 28, 2020last_img read more