Investor tenders $50m large-cap mandate using IPE-Quest


first_imgInterested parties should state performance, gross of fees, to the end of September.The closing date for applications is 8 November.The IPE.com 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 3465 9330 or email jayna.vishram@ipe-quest.com. Investment consultant Kieger has tendered a $50m (€36.5m), global, large-cap equity mandate on behalf of an undisclosed institutional investor, using IPE-Quest.According to search QN1347, applicants should have at least $1bn in assets under management (AUM) for the mandate and $10bn in AUM for the company itself.They will also need a track record of at least five years.Asset managers are to measure performance against the MSCI ACWI, keeping tracking error between 2% and 10%.last_img read more

COVID-19 stumps drug traffickers, street criminals


first_imgMeanwhile, since March 14, the Police Regional Office 6 (PRO-6)has not received from its various units across Western Visayas reports on pettystreet crimes such as snatching, bag-slashing, pickpocketing and the like. Very few buy-bust operations were carried out since last weekbecause most targets were not keen on making transactions, according toDirector Alex Tablate of the Philippine Drug Enforcement Agency (PDEA) Region6. Tablate also said the scarcity of buyers – mainly due to thecommunity quarantine – may have discouraged drug pushers from doing business atthis time. The operatinghours of night clubs, massage parlors, spas, casinos, cockpits, movie houses,computer shops, online gaming shops and the like are until 8 p.m. also./PN The six provincial governments – Iloilo, Antique, Aklan, Capiz,Guimaras, Negros Occidental – in Western Visayas and key cities such as Iloiloand Bacolod have taken unprecedented steps to shield their areas from thepossible entry and spread of COVID-19 such as imposing border restrictions,closing schools, cancelling mass gatherings, and shortening business hours. On the otherhand, the operating hours of bars, restaurants, coffee shops, cocktail loungesand the like shall be until 8 p.m. only. “COVID-19 is adversely affecting illegal drug sales. Wala silang orders. Stay lang sa bahay ang mga buyers and users,”Tablate said. “Mahigpitang mga pulis sa pag-inspect,” the director added. Some target drug personalities did not have supplies likely becausetravel restrictions were making it difficult for their suppliers to transportor ship the supply, said Tablate. Theseshortened operating hours ordered by Mayor Jerry Treñas aim to further limitthe people’s risk of exposure to the virus causing COVID-19.center_img PDEA-6 regional director Alex Tablate It appeared, according to PRO-6 spokesperson, Police LieutenantColonel Joem Malong, that petty street criminals stayed at home for lack ofprospective victims. Citing intelligence reports, he placed the drop in sales at around40 percent. She noted the dramatic shrinking of the volume of people going outand the number of public transport  operating. In this city alone, shoppingcenters are operating on a shortened period – from 11 a.m. to 7 p.m. only. ILOILO City – The virus causing a pneumonia-like disease nowcalled COVID-19 (coronavirus disease 2019) may be scaring drug traffickers andpetty street criminals in Western Visayas. “Perhaps they’re scared of getting the coronavirus, so wala may mabiktima ang mga criminals,”said Malong. These precautionary measures forced people to just stay home, saidMalong.last_img read more