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






2 buyers
- Renfrewshire Council Paisley
1 supplier
- LGT Wealth Management Edinburgh
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)
|
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
- FTS 032090-2024