---
title: "Investment Manager Services - AWARD"
ocid: "ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "UNIVERSITY OF YORK"
published: "2023-05-30"
---

# Investment Manager Services - AWARD

Buyer: UNIVERSITY OF YORK  
Current stage: Award  
OCID: ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab

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## Summary

The University of York has recently awarded a contract for Investment Manager Services to abrdn Capital Limited. The procurement process aimed to secure FCA authorised firms for the provision of discretionary investment management services for an initial 5-year contract term valued at £200,000. The procurement method used was an open procedure, with the tender period closing on March 25, 2022. The contract period spans from November 14, 2022, to November 30, 2027. The University of York, based in Heslington, York, initiated this tender in the services category, providing opportunities for businesses to engage in investment and portfolio management services within the local region of Yorkshire and the Humber.

This contract awarded by the University of York presents a growth opportunity for businesses, particularly FCA authorised firms specialising in investment banking and portfolio management services. SMEs are considered suitable for participation in this tender, opening avenues for smaller enterprises to compete. The University's investment portfolio, currently valued at approximately £7.3m, requires services such as investment strategy advice, portfolio management, and account management. The awarded contract notice was published on May 30, 2023, highlighting the active status of the contract with abrdn Capital Limited. By engaging in this procurement process, businesses can establish long-term partnerships with the University of York and contribute to the management of its significant endowment assets.

## Notice

The University of York is pleased to invite tenders from FCA authorised firms for the provision of discretionary investment management services for an initial contract term of 5 years. The University's investment portfolio currently contains permanent endowment assets valued at approximately PS7.3m. The services we require as a minimum are: - Suitable investment strategy and allocation advice - Portfolio management and reporting - Account management and market insight Further details can be found in the invitation to tender documents.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/9bf5196f-87d6-4b1b-acff-a1d4c41c40af |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | SME |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 May 2023 |
| Submission deadline | 25 Mar 2022 |
| Future notice date | Not specified |
| Award date | 14 Nov 2022 |
| Contract period | 14 Nov 2022 - 30 Nov 2027 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £200,000 |
| Lots value | Not specified |
| Awards value | £206,966 |
| 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 | UNIVERSITY OF YORK |
| Locality | NORTH YORKSHIRE |
| Post town | York |
| Postcode | YO10 5DD |
| Country | England |
| ITL 1 | TLE Yorkshire and The Humber |
| ITL 2 | TLE2 North Yorkshire |
| ITL 3 | TLE21 York |
| Local authority | York |
| Electoral ward | Hull Road |
| Westminster constituency | York Central |
| Delivery location | TLE Yorkshire and The Humber |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ABRDN CAPITAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66120000 - Investment banking services and related services
- 66140000 - Portfolio management services

## Release History

- 30 May 2023 at 17:18 - AwardUpdate - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9bf5196f-87d6-4b1b-acff-a1d4c41c40af
- 30 May 2023 at 16:21 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/9bf5196f-87d6-4b1b-acff-a1d4c41c40af

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/9bf5196f-87d6-4b1b-acff-a1d4c41c40af
  30th May 2023 - 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-c2295552-9048-45f4-99ed-7698dfc267ab. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c2295552-9048-45f4-99ed-7698dfc267ab.json.