National Bank of the Republic of Kazakhstan announces an external management tender.

08.06.09 15:49
/IRBIS, June 8, 2009/ - National Bank of the Republic of Kazakhstan published on the official website (www.nationalbank.kz) the following information: Quotation beginning 1. External management tender general information: 1. "Global active equity". - Portfolio benchmark is the composite index consisting of the following indexes: S&P500 (SPX) - 45%; DJ EURO STOXX 50 И (SX5E) - 30%; Nikkei 225 (NKY) - 10%; FTSE 100 (UKX) - 10%; S&P/ASX (AS51) - 5%; - Assets can be invested in ordinary and preferred shares, indexes of the portfolio benchmark index. 10 (ten) percent of the assets can be invested in shares outside of the benchmark indexes. - Approximate size of the mandate is 200 mln. USD. - Asset management objective: safety of assets; adequate liquidity; provision of the sustainable investment return over the long-term subject to low risk environment. 2. "Global passive equity". - Portfolio benchmark is the composite index consisting of the following indexes: S&P500 (SPX) - 45%; DJ EURO STOXX 50 И (SX5E) - 30%; Nikkei 225 (NKY) - 10%; FTSE 100 (UKX) - 10%; S&P/ASX (AS51) - 5%; - Assets can be invested in ordinary and preferred shares, indexes of the portfolio benchmark index. - Approximate size of the mandate is 200 mln. USD. - Asset management objective: safety of assets; adequate liquidity; provision of the sustainable investment return over the long-term subject to low risk environment. 2. General requirements to the potential external managers: 1. At least 10 years of experience with financial instruments of the targeted asset management program. 2. Assets under management: external manager must have at least 50 bln. USD of total client assets under management or the equivalent in other currencies. 3. Assets under management for the targeted mandate: external manager must have at least 1 bln. USD of total client assets under management or the equivalent in other currencies for the targeted mandate. 3. Details of the National Bank of the Republic of Kazakhstan employees responsible for the tender execution: 1. Lee Timur (Senior analyst, research division), tel.: 8 727 2 704 953; email: Li_T@nationalbank.kz 2. Izbasarov Anuar (Acting head of the research division), tel.: 8 727 2 704 738; email: natfund@nationalbank.kz 3. Sarzhakov Zhainar (Senior analyst, research division), tel.: 8 727 2 704 999; email: sarzhakov@bloomberg.net Quotation end [2009-06-08]