Tracking error should be between 5% and 10%.Managers should have at least €500m already in the strategy and at least a three-year track record. Respondents should state performance to 30 June 2018, net of fees.The deadline for responses is 16 August at 5pm UK time. The IPE news team is unable to answer any further questions about IPE Quest, Discovery, or Innovation tender notices to protect the interests of clients conducting the search. To obtain information directly from IPE Quest, please contact Jayna Vishram on +44 (0) 20 3465 9330 or email email@example.com. An Irish consultancy has tendered for a €30m multi-asset, absolute return mandate via IPE Quest.According to search QN-2466, the unnamed consultant is searching for a global multi-asset manager running money on an active basis.Managers bidding for the mandate should run their portfolios with consideration for environmental, social, and corporate governance factors.The mandate will be monitored against a ‘cash plus 5%’ benchmark.