--- title: "NU/1291 The Provision of Fund Management Services" ocid: "ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08.json" source: "Contracts Finder" current_stage: "Tender" buyer: "NEWCASTLE UNIVERSITY" published: "2017-05-31" --- # NU/1291 The Provision of Fund Management Services Buyer: NEWCASTLE UNIVERSITY Current stage: Tender OCID: ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08.json) ## Summary The University of Newcastle is currently in the tender stage of a public procurement process for "NU/1291 The Provision of Fund Management Services." This opportunity falls under the banking and investment services industry category, with a value around £25 million to £35 million. The procurement method is an open procedure, and the tender period closes on 30th June 2017. The successful contractor will manage the endowment fund, predominantly investing in UK equities while adhering to specific sustainability preferences. The contract is set to commence on 1st September 2017 and will last for five years. This tender presents significant growth opportunities for firms in investment management, particularly those focused on active equity management and sustainable investing. Businesses that specialise in managing UK and global equity portfolios, especially those with experience in low-carbon investment strategies, will find this tender well-suited for their expertise. The selected firm will not only manage but also monitor fund performance and engage with the university community, providing a platform for long-term partnership and collaboration. ## Notice The scope of the tender will be: Lot 1 - UK Equity Manager Tender process is to appoint an active UK equity (excluding tobacco) investment manager to manage up to in the region of PS25m to PS35m on behalf of a University of Newcastle endowment fund. Some non UK equities are allowed but must not exceed 20% of the total portfolio by value. Bidders should disclose the control ranges which they apply to non UK holdings. The university will also give preference to investment managers who preferentially invest in progressive companies that are working towards low carbon solutions and who will provide the University with reports on the carbon foot-print of companies within its portfolio. Other services expected will include monitoring the performance of the fund and presenting at University meetings on an annual basis. Lot 2 - Global Equity Manager Tender process is to appoint an active global equity (excluding tobacco) investment manager to manage in the region of between PS25m and PS35m on behalf of a University of Newcastle endowment fund. Some UK equities are allowed but must not exceed 20% of the total portfolio by value. Bidders should disclose the control ranges which they apply to UK holdings. The university will also give preference to investment managers who preferentially invest in progressive companies that are working towards low carbon solutions and who will provide the University with reports on the carbon foot-print of companies within its portfolio. Other service expected will include monitoring the performance of the fund and presenting at University meetings on an annual basis. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/fd825359-72d4-424a-9808-80c33301a15f | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 31 May 2017 | | Submission deadline | 30 Jun 2017 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 31 Aug 2017 - 1 Sep 2022 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £2,500,000 | | 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 | NEWCASTLE UNIVERSITY | | Locality | NEWCASTLE UPON TYNE | | Post town | Newcastle upon Tyne | | Postcode | NE1 7RU | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | Newcastle upon Tyne | | Electoral ward | Monument | | Westminster constituency | Newcastle upon Tyne Central and West | | Delivery location | TLC North East (England) | ## CPV Codes ### Divisions - 66 - Financial and insurance services ### Codes - 66100000 - Banking and investment services ## Release History - 31 May 2017 at 07:49 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/fd825359-72d4-424a-9808-80c33301a15f ## Documents - https://www.contractsfinder.service.gov.uk/Notice/fd825359-72d4-424a-9808-80c33301a15f 31st May 2017 - Opportunity notice on Contracts Finder ## Notice URLs - https://www.ncl.ac.uk ## 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-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-9450b369-34c7-4c38-8e15-092d566a1c08.json.