Pension Protection Fund, London, issued an RFI for active fixed-income managers to be included on a preapproved panel, according to the £9 billion ($14 billion) fund.
Fund officials will consider managers in credit, emerging markets debt, asset-backed securities, index-linked bonds and government bonds.
Existing sovereign bond portfolios currently managed by Goldman Sachs Asset Management, Mondrian Investment Partners, Pacific Investment Management Co. and Rogge Global Partners will not be affected, according to a news release.
The amount of assets available to be managed by new managers was not specified, but the overall fixed-income portfolio accounts for about 70% of the total assets.
Proposals are due Feb. 7. Further information can be obtained by e-mailing [email protected].
Spokesman Richard Hunt could not be reached by press time for further information.