Ircantec, Paris, is searching for active sovereign bond managers to manage an allocation of at least €1 billion ($1.1 billion), according to a notice on European procurement website, Tenders Electronic Daily.
The €9.8 billion French pension fund requires the selected managers to follow its sustainable responsible investment policy and invest in bonds of Organization for Economic Co-operation and Development countries.
The contract will last six years and could be renewed for an additional undisclosed period.
Applications are due at 11.30 a.m. Central European Time on June 23 through the TED website.
A spokeswoman could not be reached to provide further details.
