Sicily pension fund seeks managers for bond portfolio
The pension scheme of the Sicilian region in Italy on Monday published a tender for a €3.2m portfolio management mandate. The mandate consists of two lots of €1.6m each. The Sicilian pension fund, which operates from Palermo, is seeking two portfolio managers to manage its euro aggregate investment grade target date portfolio. The mandates will be awarded for a period of eight years and will not be renewed. The deadline to apply for the tender is 22 December 2020.