Tameside Metropolitan Borough Council, Ashton-under-Lyne, England, is searching for active global equity managers to run £600 million ($892 million) for the £10.5 billion Greater Manchester Pension Fund, according to an announcement posted on Tenders Electronic Daily, a European procurement platform.
The pension fund might search for one or more managers, according to the announcement, and the size of how much each manager would run has yet to be determined.
Proposals are due Aug. 7. Hymans Robertson is assisting. A questionnaire can be obtained by e-mailing GMPFGEsearch@hymans.co.uk.
Peter Morris, executive director of the pension fund, did not return a phone call for further information by press time.