---
title: "PP18044 - LGPS Central Active Global Emerging Market Equities"
ocid: "ocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "WOLVERHAMPTON CITY COUNCIL"
published: "2019-01-28"
---

# PP18044 - LGPS Central Active Global Emerging Market Equities

Buyer: WOLVERHAMPTON CITY COUNCIL  
Current stage: Award  
OCID: ocds-b5fd17-5f31cbf6-bf95-4af3-9173-81ea432e7eca

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## Summary

The procurement process titled "PP18044 - LGPS Central Active Global Emerging Market Equities" is led by Wolverhampton City Council, operating within the financial and insurance services industry. This tender is currently active and falls under the selective procurement method, using a competitive dialogue approach. The tender period concluded on 2nd July 2018, with a contract value of £26 million, intended for managing a fund of approximately £1.5 billion. The contract period spans from 1st November 2018 to 31st March 2029, and the delivery location is within the West Midlands, United Kingdom.

This tender presents significant growth opportunities for large asset management firms specialising in global active emerging markets. Companies with a proven track record in delivering consistent and responsible investment strategies would be particularly well-suited to compete for this contract. The successful management teams should demonstrate robust processes, transparent cost structures, and the capability to manage concentrated portfolios, creating a competitive edge within the tendered financial services market.

## Notice

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 PS40billion. 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 PS1.5billion. 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.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9f4f9642-9146-41a1-b338-c25032bc09e5 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive dialog |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 28 Jan 2019 |
| Submission deadline | 2 Jul 2018 |
| Future notice date | Not specified |
| Award date | 15 Jan 2019 |
| Contract period | 1 Feb 2019 - 30 Jun 2029 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £26,000,000 |
| Lots value | Not specified |
| Awards value | £26,000,000 |
| 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 | WOLVERHAMPTON CITY COUNCIL |
| Locality | WOLVERHAMPTON |
| Post town | Wolverhampton |
| Postcode | WV1 1RL |
| Country | England |
| ITL 1 | TLG West Midlands (England) |
| ITL 2 | TLG3 West Midlands |
| ITL 3 | TLG39 Wolverhampton |
| Local authority | Wolverhampton |
| Electoral ward | St Peters |
| Westminster constituency | Wolverhampton West |
| Delivery location | TLG West Midlands (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | BMO GLOBAL ASSET MANAGEMENT (FORMERLY F&C; UBS GLOBAL ASSET MANAGEMENT; VONTOBEL ASSET MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 28 Jan 2019 at 11:12 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9f4f9642-9146-41a1-b338-c25032bc09e5
- 31 May 2018 at 13:15 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/2735a3e7-a8f6-4bef-88a2-7f94750dd9e7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9f4f9642-9146-41a1-b338-c25032bc09e5
  28th January 2019 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/2735a3e7-a8f6-4bef-88a2-7f94750dd9e7
  31st May 2018 - Opportunity notice on Contracts Finder

## Notice URLs

- http://www.wolverhampton.gov.uk

## Provenance

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