gvtcx

Provision of Multi-Asset Credit Mandates for the Hampshire Pension Fund

Hampshire County Council Published 15 Jun 2018 Contracts Finder

key details

Statusactive
Category (CPV) 66141000
RegionSouth East
Deadline16 Jul 2018
Contract start1 Nov 2018
Contract end31 Oct 2023
Procedureopen
SME suitableYes
OCIDocds-b5fd17-30fa9164-4dbb-4d27-9879-ce1ace2bf89c

description

The Hampshire Pension Fund was valued at £6.6bn at its last financial year end in March 2018 and has a strategic asset allocation to multi-asset credit of 10%, which is a new addition to its investment strategy. The Pension Fund will appoint a maximum of three investment managers to manage the multi-asset credit mandates.

The overall mandate objective is to achieve a return of UK 3 month LIBOR plus 3-5% per annum net of fees, over three and five year rolling periods.

The mandate should seek to achieve its return objective by investing primarily in a portfolio of high yield fixed and floating rate corporate debt instruments issued by North American and European companies.

The Contract will commence on 1st November 2018 and will be for a period of five years.

Interested parties should register their interest in the project via the In-Tend website https://in-tendhost.co.uk/hampshire, and complete and submit the tender return document together with any supporting information requested by 14.00 hrs on Monday 16th July 2018.

Additional information:

Is a Recurrent Procurement Type? : Yes

documents

Documents are linked, not mirrored. They are served by the publishing authority and may require registration.

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
15 Jun 2018 Tender (tender) · 2ceb19ef-eacc-4dcf-9c30-42d7a66f0b7b-222411

more from Hampshire County Council

all contracts from this buyer →

similar contracts awarded

Other awarded contracts in the same category. Useful for seeing who normally wins this kind of work, and at what value.

source

Published on Contracts Finder. Contact details for named individuals are not reproduced on this site.