Award

Procurement of Investment Management Services for the Global Equity Alpha Fund

BORDER TO COAST PENSIONS PARTNERSHIP LTD

This public procurement record has 1 release in its history.

Award

17 Oct 2019 at 12:31

Summary of the contracting process

The procurement process involves Border to Coast Pensions Partnership Ltd as the buying organisation, which has recently awarded a contract for the "Procurement of Investment Management Services for the Global Equity Alpha Fund." This opportunity falls under the industry category of pension fund management services and encompasses a contract value estimated at £23,200,000 over a four-year term. The contract period commenced on 5th September 2019 and is set to conclude on 5th September 2023. The tender reached its end date on 15th February 2019, leading to the selection of Investec Asset Management Limited as the supplier.

This contract presents significant opportunities for growth within the investment management sector, particularly for larger asset management firms with expertise in pension investments. Businesses that possess strong capabilities in managing equity funds and have demonstrated experience in servicing pension schemes would be well-suited to participate. The successful award to Investec Asset Management Limited highlights the competitive nature of this market, thus indicating potential future opportunities for other firms looking to establish or expand their presence in the pension fund management arena.

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Notice Title

Procurement of Investment Management Services for the Global Equity Alpha Fund

Notice Description

Border to Coast Pensions Partnership Ltd has awarded the contract for Investment Management Services for the Global Equity Alpha Fund. Please note that the contract value is an estimate over the 4 year term however this is an open ended contract.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-853f13bd-94bb-4968-a3a0-a53006ba8e3a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fb2a23ee-6c07-4a39-9317-591cfd0b77d9
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66131100 - Pension investment services

66141000 - Pension fund management services

Notice Value(s)

Tender Value
£23,200,000 £10M-£100M
Lots Value
Not specified
Awards Value
£23,200,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
17 Oct 20196 years ago
Submission Deadline
15 Feb 2019Expired
Future Notice Date
Not specified
Award Date
2 Jun 20196 years ago
Contract Period
4 Sep 2019 - 5 Sep 2023 4-5 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BORDER TO COAST PENSIONS PARTNERSHIP LTD
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEEDS
Postcode
LS1 2HJ
Post Town
Leeds
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE4 West Yorkshire
Small Region (ITL 3)
TLE42 Leeds
Delivery Location
Not specified

Local Authority
Leeds
Electoral Ward
Little London & Woodhouse
Westminster Constituency
Leeds Central and Headingley

Supplier Information

Number of Suppliers
1
Supplier Name

INVESTEC ASSET MANAGEMENT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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