– 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.
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