Management of Multi Asset Mandate
Details
- Supplier(s)
- Invesco Perpetual
- Value
- £100,000
- Duration
- 10 years
- Topic
- Pension fund management services
- Published
- 15 January 2016
- Source
- ContractsFinder
Tender description
Royal Borough of Greenwich is pleased to invite potential investment managers to tender for providing their services in the management of a multi-asset absolute return pooled fund solution. The fund would be expected to include a number of the following asset classes, although it would not be limited to these categories; equities, bonds, currencies, commodities, property and high yield. It is expected that the preferred approach will generate net excess returns over three month Sterling LIBOR by a significant margin (expected to be 3 – 5%), with a volatility of approximately two thirds that of equities. The size of the mandate is anticipated to be approximately £100Million. Only pooled fund solutions will be considered. Hedge Fund of Fund solutions will not be considered. The Royal Borough of Greenwich reserves the right to alter the value of the Funds awarded.
Timeline
- Completed: Award published15 January 2016Current notice
- Completed: Award date27 June 2016
- Next: Contract expiry date30 October 2026in 1 month
About the buyer
Royal Borough of Greenwich is a local authority covering southeast London, and runs its own tenders for goods and services. Suppliers register and bid for opportunities through the council's Proactis Rego platform. Procurement methods vary by the type of product or service and its value. Larger contracts are advertised nationally through the government's Find a Tender service. The council also runs multi-year frameworks for regeneration and construction work. Purchasing decisions follow procurement rules drawn from European directives, UK legislation and council policy. Bidders with recognised quality management accreditation, such as ISO 9000, are given preference.
UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).
Over the past 5 years, most of Royal Borough of Greenwich's contract awards have been in health and social work, architectural and engineering services and construction work.
Relevant CPV codes
- 66141000 · Pension fund management services
Decision makers
Connect with the people behind this procurement.
| Contact name | Job title | Phone number | Work email |
|---|---|---|---|
| Head of Procurement | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov | |
| Commercial Director | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov | |
| Procurement Manager | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov | |
| Category Lead | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov | |
| Senior Buyer | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov | |
| Contracts Manager | +44 •••• •••••• | ••••••••@royal-borough-of-greenwich.gov |
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