Asset Investment Management Service
A Contract Award Notice
by NHS WALES SHARED SERVICES PARTNERSHIP
- Source
- OJEU
- Type
- Contract (Services)
- Duration
- 3 year (est.)
- Value
- £300K
- Sector
- BUSINESS
- Published
- 17 May 2021
- Delivery
- 01 Nov 2020 to 01 Nov 2023 (est.)
- Deadline
- n/a
Concepts
Location
Cardiff
2 buyers
1 supplier
- Rathbone Investment Management Liverpool
Description
Cardiff and Vale Local Health Board Charity has a requirement for Investment Management Services. The charity is seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities. The charity seeks to maximise the total return on funds held and the charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of asset class distribution. In terms of the current portfolio, the local health board’s investments had a market value of GBP 5 498 000 as at March 2020 and the portfolio is broken down over various sectors as detailed in the tender documents. The charity requires the successful supplier to manage the funds on behalf of the charity in accordance with the required charity commission and other legal requirements placed on NHS charities.
Total Quantity or Scope
Cardiff and Vale Local Health Board Charity has a requirement for investment management services. The Charity was seeking innovative responses to deliver investment services commensurate with the responsibilities of NHS Charities. The charity seeks to maximise the total return on funds held and the charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of asset class distribution. In terms of the current portfolio, the Local Health Board’s investments had a market value of GBP 5 498 000 as at March 2020 and the portfolio is broken down over various sectors as detailed in the tender documents.
Award Detail
| 1 | Rathbone Investment Management (Liverpool)
|
Award Criteria
| Qualitative | 70.0 |
| Financial | 30.0 |
CPV Codes
- 66000000 - Financial and insurance services
- 66120000 - Investment banking services and related services
Indicators
- Award on basis of price and quality.
Other Information
(WA Ref:110533)
Reference
- OJEU 248728-2021