Active Multi Asset Investment Manager

A Contract Award Notice
by RENFREWSHIRE COUNCIL

Source
Find a Tender
Type
Contract (Services)
Duration
3 year (est.)
Value
£699K
Sector
BUSINESS
Published
07 Oct 2024
Delivery
To 07 Oct 2027 (est.)
Deadline
n/a

Concepts

Location

Paisley

Geochart for 2 buyers and 1 suppliers

2 buyers

1 supplier

Description

Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the “Investment Manager” or “ Service Provider”) to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage: - the Paisley Common Good Fund and the Renfrew Common Good Fund (“Common Good Funds”), - the Renfrewshire Educational Trust (“Educational Trust”) and - the Renfrewshire Council Insurance Fund (“Insurance Fund”)

Total Quantity or Scope

The Tender Procedure will be conducted in accordance with an above Government Procurement Agreement (GPA) Threshold Open Tender procedure relating to a Services Contract.

Award Detail

1 LGT Wealth Management (Edinburgh)
  • Reference: rc-cpu-23-222 active multi asset investment manager
  • Num offers: 5
  • Value: £698,610

Award Criteria

Cyber Security and Principles _
Team 16.0
Fund Management 20.0
Risk and Operational Management 12.0
Turnover 3.0
Performance Management 8.0
Relationship Management 7.0
Discretionary Agreement 4.0
Set Up 2.0
Community Benefits 4.0
Fair Work First 4.0
PRICE 20.0

CPV Codes

  • 66100000 - Banking and investment services

Indicators

  • Award on basis of price.

Other Information

(SC Ref:779635)

Reference

Domains