[RFP] Korea Post seeks fixed-income managers for U.S. corporate bond investment
May 26, 2016 (Gmt+09:00)
- Proposal submission due by June 7, 2016; final selection set for July 2016
- To pick 2 firms for publicly-offered funds with minimum $300 mln AUM
Korea Post’s savings unit announced a request for proposals on May 25 to select two global fixed-income fund managers for investment in U.S. corporate debt. It requires a proposed fund to have a minimum $300 million in assets with an over three-year investment period.
The qualified candidates should have at least $5 billion in fixed-income assets under management with a minimum three-year track record.