RFP QuestBeta
ClosedStage · contract

National Heritage Memorial Fund

National Heritage Memorial Fund Investment Manager

Financial ServicesCPV 66000000
Value£700k
Deadline30 May 2016
Published8 Apr 2016
RegionUK-wide
Timeline
Published 8 Apr 2016ClosedCloses 30 May 2016
Contract value in context
£700ktotal contract value
median £150k
this tender£0£4.7m

This sits in the upper-middle of the Financial & Insurance Services band — a substantial contract for the sector. Based on 8,013 valued Financial & Insurance Services tenders in our corpus.

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The brief

The National Heritage Memorial Fund is seeking to appoint an investment manager to manage its investment portfolio (the NHMF Endowment Fund).

The NHMF Endowment Fund is worth approximately £39M as at 31 March 2016.

These funds are currently managed by Cazenove Capital Management as part of the Schroders Charity Multi-Asset Fund.

The NHMF is required to review the investment management arrangement every few years and would appreciate your organisation providing information about the costs and benefits of your investment management services.

The winning bidder will manage the investments on a discretionary basis and the manager’s performance will be overseen and monitored by a panel consisting of three independent investment experts who support the NHMF Trustees.

Key requirements

What the supplier must deliver

01

The NHMF is required to review

The NHMF is required to review the investment management arrangement every few years and would appreciate your organisation providing information about the costs and benefits of your investment management services.

02

The winning bidder will manage the investments

The winning bidder will manage the investments on a discretionary basis and the manager’s performance will be overseen and monitored by a panel consisting of three independent investment experts who support the NHMF Trustees.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
4b3fbf6b-f37c-4843-b2ef-b7967f09554b
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
HLF008-0033
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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