LD Pensions' tender for an Agreement concerning Investment Management of U.S. Equities

Description

The object of the tender is to select an Investment Manager to provide investment management services for LD Pensions' assets within U.S. Equities. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed by KLD. The expected size of the mandate is DKK 4,200 million, approximately USD 650 million. The investment objective is to outperform the benchmark MSCI US in net terms over a full market cycle. A description of the tender can be found in the Procurement Guidelines, and detailed characteristics of the desired mandate are located in the Investment Guidelines.