Brunel to look for global high alpha equity managers
0Brunel Pension Partnership has launched a pre-search for its Global High Alpha Equities sub-fund.
The formal search process will start in March 2019 when the pool will ask for expressions of interest.
For the moment, it is interested in receiving strategic research and ‘thought pieces’.
Mark Mansley, CIO, said: “We expect to spread the portfolio between four or five managers with diverse and complementary approaches.
“The individual mandates will be fairly unconstrained, but will be long only.
“We will generally be looking for a long-term approach, innovation and originality in managers’ processes, and high return expectations of 3% or more over benchmark.”
The sub-fund will be launched in the fourth quarter of this year and be around £2bn in size.
Brunel will be assisted by consultants Inalytics and Redington throughout the process.
