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LGPS Central Stewardship Provider

Wolverhampton City Council Published 3 Dec 2018 Contracts Finder
The value below is a framework or dynamic market ceiling: the maximum that could be spent across all call-offs, not the value of a single contract. Aggregate figures on this site exclude these to avoid double counting.

key details

Value£1,120,000
Statuscomplete
Category (CPV) 79000000
RegionWest Midlands
Deadline3 Sept 2018
Contract start4 Oct 2018
Contract end3 Dec 2025
Procedureselective
SME suitableNo
OCIDocds-b5fd17-d3c4a5d5-9e1e-4320-8433-8681790d248d

Award

SupplierValueDateStatus
Hermes Equity Ownership Services Limited £1,120,000 6 Sept 2018 active

description

LGPS Central are seeking to appoint a supplier for the provision of stewardship services, covering shareholder voting and engagement. LGPS Central wish to appoint a provider that can demonstrate an ability to engage and vote in a way that both supports the long-term economic interests of our clients and partner funds, and that is conducive to LGPS Central's vision of responsible investment . The preferred supplier will be able to provide voting and engagement services to members of the investment team, in support of investment processes. LGPS Central is a global investor and the successful supplier will demonstrate truly global coverage in respect of its stewardship services. Whilst volume and coverage are important, LGPS Central seek a supplier that demonstrates high quality research, intimate knowledge of companies, clear understanding of global corporate governance standards and local application, and a systemic appreciation for financial materiality. The successful provider will be expected to provide insights of genuine value to the investment team. The preferred supplier will have an excellent suite of reporting materials, both off-the-shelf and client-customised, enabling LGPS Central to provide in turn high quality reporting to its clients, partner funds and the wider public. Recognising the motivations behind the project of LGPS asset pooling, the successful supplier will strive for continuous improvement, whilst aiming for ever greater cost efficiency.

Additional information: This has been awarded via a Further Competition under the National LGPS Stewardship Advisory Services Framework - Lot 3 Voting and Engagement

notice history

1 notice published against this procurement.

PublishedTypeRegimeNotice
3 Dec 2018 Award (award) · 98d2c487-2abc-44dc-ae9a-f55f71bc8b64-256576

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