Swiss Federal Social Security Fund, Geneva, issued an RFP for a manager to run 60 million Swiss francs ($66 million) in active Swiss smidcap equity.
This is the fund's first Swiss equity mandate of any kind, according to information on its website. Equities constitute 18% of the fund's 25.5 billion francs in total assets.
Proposals are due April 18, with a selection expected June 4, according to the RFP, which is available on the fund's website at www.ahvfonds.ch/asset/en/?page_name=mandate.
Christophe Schaer, head of asset management, could not be reached for more information.