--- title: "Provision of Investment Management Services" ocid: "ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99.json" source: "Contracts Finder" current_stage: "Tender" buyer: "NURSING AND MIDWIFERY COUNCIL" published: "2019-08-01" --- # Provision of Investment Management Services Buyer: NURSING AND MIDWIFERY COUNCIL Current stage: Tender OCID: ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99.json) ## Summary The Nursing and Midwifery Council (NMC) is currently seeking a provider for the "Provision of Investment Management Services." This procurement falls under the financial services industry, specifically focusing on portfolio management services. The tender is in the active stage, with submissions due by 2nd September 2019. The successful bidder will manage approximately £30 million in long-term investments, with the contract period stretching from 23rd December 2019 to 22nd December 2024. The procurement method is selective, following a restricted procedure, and bidders are expected to comply with the detailed investment policies set by the NMC. This tender presents a significant opportunity for financial consultancy firms and investment management companies looking to expand their business within the public sector. Companies with expertise in managing long-term investment portfolios, particularly those familiar with strategic asset allocations, will be well-suited to compete. The NMC's focus on a single investment manager for this allocation opens a competitive landscape for candidates able to demonstrate robust investment strategies and a proven track record in similar services. ## Notice The NMC currently has approximately PS90m in cash and has recently decided to allocate funds in the region of PS30m to a successful supplier to manage as long term investments. Our thinking is that the funds will remain invested for the long term and it is highly unlikely access would be required in the next 5-10 years. The investment manager will be provided with clear objectives and given full responsibility to take decisions as to how funds are invested within the framework of our investment policies. The Investment Policy provided sets out in full our objectives and restrictions on investment. It breaks down our investment assets into three portfolios and specific associated policies: Short, Medium and Long term. In this procurement we are seeking an investment manager only for assets held in the Long Term portfolio. Therefore, a portfolio with a strategic asset allocation which is then tactically adjusted is expected. We are appointing one manager for this allocation of funds. Additional information: Responses to the ITT are to be completed electronically using the NMC e-Sourcing portal ('e-Sourcing Portal'): https://in-tendhost.co.uk/nmc Is a Recurrent Procurement Type? : No ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/89a1ace3-f3b4-48ae-9abf-fc35b6ab789d | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Restricted procedure (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 1 Aug 2019 | | Submission deadline | 2 Sep 2019 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 23 Dec 2019 - 22 Dec 2024 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,000,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NURSING AND MIDWIFERY COUNCIL | | Locality | LONDON | | Post town | West London | | Postcode | W1B 1PZ | | Country | England | | ITL 1 | TLI London | | ITL 2 | TLI3 Inner London - West | | ITL 3 | TLI35 Westminster and City of London | | Local authority | Westminster | | Electoral ward | Marylebone | | Westminster constituency | Cities of London and Westminster | | Delivery location | Not specified | ## CPV Codes ### Divisions - 66 - Financial and insurance services - 79 - Business services: law, marketing, consulting, recruitment, printing and security ### Codes - 66000000 - Financial and insurance services - 66140000 - Portfolio management services - 66171000 - Financial consultancy services - 79412000 - Financial management consultancy services ## Release History - 1 Aug 2019 at 12:44 - TenderAmendment - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/89a1ace3-f3b4-48ae-9abf-fc35b6ab789d - 1 Aug 2019 at 08:27 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/89a1ace3-f3b4-48ae-9abf-fc35b6ab789d ## Documents - https://www.contractsfinder.service.gov.uk/Notice/89a1ace3-f3b4-48ae-9abf-fc35b6ab789d 1st August 2019 - Opportunity notice on Contracts Finder - https://in-tendhost.co.uk/nmc/aspx/ Additional information on how to apply for this contract ## Notice URLs - https://in-tendhost.co.uk/nmc ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99.json.