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

Russia 2018: Medical Consultant Slumps, Dies of Heart Attack

first_imgAccording to an eyewitness, the late consultant was rushed to the hospital after he slumped, but died in the early hours of Wednesday.According to the eyewitness, “He was watching the match at his compound. Unfortunately, when the last goal was scored against Nigeria, he unconsciously shouted and slumped.“He was rushed to the hospital for quick medical attention but he later gave up the ghost. He died of heart attack because he was suffering from cardiovascular disease.”However, Ebirim’s death could have paralysed medical services at the Surgery Unit of the hospital, as surgery slated for Wednesday were postponed.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Benjamin Nworie in AbakalikiA consultant in Family Medicine at the Federal Teaching Hospital, Abakaliki (FETHA) in Ebonyi State, Dr. Chidi Ebirim, reportedly slumped and died Tuesday while watching the ongoing World Cup match between Nigeria and Argentina which the Super Eagles lost 1-2.Ebirim was said to have collapsed when Argentina scored the second goal against Nigeria.last_img read more

Fast reaction: 3 reasons why Syracuse lost to Clemson 16-6

first_img Published on October 25, 2014 at 11:36 pm CLEMSON, S.C. — Syracuse (3-5, 1-3 Atlantic Coast) couldn’t keep up in a 16-6 loss to No. 21 Clemson (6-2, 5-1) at Memorial Stadium on Saturday night. The game was, in a word, sloppy, and here’s why the Orange ultimately fell behind.1. Empty-handedThe Syracuse offense gave freshman kicker Cole Murphy a chance to show off his range in the first half, and he responded with two field goals to give the Orange a halftime lead. But SU couldn’t ride Murphy’s leg all night — he also missed a 42-yarder with the Orange barely holding on — and not scoring a touchdown turned into a game-defining problem.Neither team had a touchdown at the start of the fourth quarter but Cole Stoudt found Stanton Seckinger a step behind Cameron Lynch to give the Tigers a 10-point lead that would hold for the rest of the contest. The SU offense, led by freshman quarterback AJ Long, had no answer. Clemson’s relentless pass rush made sure of that.2. Bending, bending, breakingAdvertisementThis is placeholder textSyracuse’s defense held up its end of the bargain for most of the game — with Seckinger beating Lynch as the lasting blemish on its final line.Other than that, Syracuse was able to get to Stoudt and despite a handful of spurts by running back Wayne Gallman, was able to hold Clemson’s running attack in check. The Orange had an impressive stop on its own 2 toward the end of the third quarter and forced another field goal a possession later, but finally broke for Seckinger’s game-sealing touchdown catch.3. Too friendlyStoudt threw a pass right to SU safety Darius Kelly and it gave the Orange momentum in the third quarter, but Long gave the ball right back on the very next play. Syracuse scored all six of its points off Clemson turnovers, but the three times it turned the ball over hampered quality chances at scoring a touchdown.That touchdown never came, and keeping the ball just a little bit longer couldn’t have gotten the Orange any further away from the goal line. Comments Facebook Twitter Google+last_img read more