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PP18044 - LGPS Central Active Global Emerging Market Equities

Wolverhampton City Council Published 31 May 2018 Contracts Finder

key details

Value£26,000,000
Statuscomplete
Category (CPV) 66000000
RegionWest Midlands
Deadline2 Jul 2018
Contract start1 Nov 2018
Contract end31 Mar 2029
Procedureselective
SME suitableNo
OCIDocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca

Awards (3)

This procurement was awarded to 3 suppliers. Values shown are per-award; the notice total is £26,000,000.

SupplierValueDateStatus
BMO Global Asset Management (formerly F&C) shared £26,000,000 15 Jan 2019 active
UBS Global Asset Management shared £26,000,000 15 Jan 2019 active
Vontobel Asset Management shared £26,000,000 15 Jan 2019 active

description

LGPS Central Limited is a private company, owned by its investors, responsible for the pooling of nine regional pension plans' investments, responsible for AUM in the region of £40billion. The company received authorisation from the FCA in January 2018. The key objectives of the LGPS Central pool are to: - meet the investment objectives of the partner funds - establish a collaborative platform through which administering authorities of the partner Funds can aggregate their pension assets, with a view to providing scale economies and improved investment efficiency - create capacity to invest in asset classes which individual funds may find difficult to access - stimulate innovation, and provide an opportunity for funds to engage with the investment industry in finding new and creative approaches to the funding challenges faced by the LGPS (and the wider pensions sector) - act as a responsible, long-term investor, using its influence as a shareholder to promote the highest standards of corporate stewardship The company is looking for global active emerging markets equity managers to manage a fund in the region of £1.5billion. Successful candidates will be able to demonstrate: - consistent, robust, repeatable, investment process - responsible investment at the heart of the investment process - concentrated portfolio - low, fully transparent costs - full transparency (look through) with the ACS custodian

Additional information: The partnership is made up of the local authority pension schemes of Cheshire, Derbyshire, Leicestershire, Nottinghamshire, Staffordshire, Shropshire, West Midlands, Worcestershire & West Midlands ITA.

All queries and bids must be submitted via the portal at www.wolverhamptontenders.com Please allow sufficient time to upload your response.

documents

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notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
28 Jan 2019 Award (award) · 9f4f9642-9146-41a1-b338-c25032bc09e5-266203

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