The object of the tender is to appoint an Investment Manager for handling LD's assets within the Global Inflation Linked Bonds mandate. LD is acting on behalf of its fully owned subsidiary 'Den Professionelle Forening LD' ('PLD'), as the main part of LD's portfolio is placed here. The contract will be signed with PLD.

The mandate is a segregated account and the investment style is active.

The size of the mandate (approximately 90 million EUR) covered by this contract notice is indicative due to LD's inability to determine the volume in advance.

The objective is to outperform the benchmark over a time period of 2-3 years with an outperformance of 25-50bp p.a. Direct duration bets are not allowed. The investment universe consists of Inflation Linked and nominal Government bonds. The benchmark is Barclays Capital World Government 1-10 year Inflation-linked Bond Index. A more detailed description of the characteristics of the mandate can be found in the questionnaire which can be obtained via the e-mail address mentioned in section I.1).