---
title: "Provision of Investment Management Services - AWARD"
ocid: "ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NURSING AND MIDWIFERY COUNCIL"
published: "2020-01-07"
---

# Provision of Investment Management Services - AWARD

Buyer: NURSING AND MIDWIFERY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f

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## Summary

The Nursing and Midwifery Council (NMC) has awarded a contract for the Provision of Investment Management Services, focusing on the management of approximately £30 million earmarked for long-term investments. The award was published on 7th January 2020, and the successful supplier, Sarasin & Partners LLP, will be responsible for maintaining the investment assets within a defined long-term portfolio framework. This procurement falls within the financial and insurance services industry, specifically categorised under portfolio management and financial consultancy. The contract commenced on 23rd December 2019 and is set to conclude on 22nd December 2024.

This tender presents significant growth opportunities for businesses specialising in financial management and investment consultancy, particularly those skilled in long-term asset allocation and management. As the NMC seeks a dedicated investment manager with a strategic outlook, firms with experience in providing tailored financial solutions and a solid grasp of investment policies will be well-positioned to compete. Companies capable of adjusting strategic asset allocations tactically are likely to find this contract particularly appealing.

## 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/e1638a5e-c5c7-4b2c-8bf6-0cead927e1f3 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Jan 2020 |
| Submission deadline | 2 Sep 2019 |
| Future notice date | Not specified |
| Award date | 30 Dec 2019 |
| 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 | Complete |
| Lots status | Not specified |
| Awards status | Active |
| 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 |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | SARASIN & PARTNERS |

## 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

- 7 Jan 2020 at 11:46 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/e1638a5e-c5c7-4b2c-8bf6-0cead927e1f3

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/e1638a5e-c5c7-4b2c-8bf6-0cead927e1f3
  7th January 2020 - Awarded contract notice on Contracts Finder

## 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-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-4b17d956-02f3-48b2-8c6b-7181f210464f.json.