Swiss Federal Social Security Funds, Geneva, is looking for a manager to run a 500 million Swiss franc ($511.5 million) allocation to global ex-Switzerland small-cap equities.
An RFP on the Swiss Federal Social Security Funds website said the 33.1 billion Swiss franc pension fund was looking for a passively managed allocation, to be benchmarked against the MSCI World ex-Switzerland Small Cap index.
The RFP is available on the pension fund’s website. Proposals are due April 15, and finalists will be chosen in May. A contract start date is yet to be announced.
The pension fund has a 2.5% allocation to global small-cap equities, according to its website.
Spokesmen could not be reached for comment by press time.