---
title: "Asset Investment Management Service"
ocid: "ocds-h6vhtk-02afec"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-02afec"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-02afec.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-02afec.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NHS WALES SHARED SERVICES PARTNERSHIP"
published: "2021-05-12"
---

# Asset Investment Management Service

Buyer: NHS WALES SHARED SERVICES PARTNERSHIP  
Current stage: Award  
OCID: ocds-h6vhtk-02afec

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-02afec.json)

## Summary

The NHS Wales Shared Services Partnership is seeking an Asset Investment Management Service through an open procurement process. The tender is titled "Asset Investment Management Service" and falls under the financial and insurance services industry category. The contract, aimed at supporting the Cardiff & Vale Local Health Board Charity, has a total contract value of £300,000, and was awarded on 11 May 2021. The procurement is currently in the award stage, following a competitive bidding process in which 11 bids were received.

This tender presents a significant opportunity for investment management firms looking to expand their footprint in public sector contracting, particularly those with expertise in managing charity funds and adhering to the regulatory requirements of NHS charities. Businesses specialising in financial services with a conservative risk management approach and a proven history of maximising returns on investments would be well-suited to engage in similar opportunities within this sector.

## Notice

Cardiff & Vale Local Health Board Charity has a requirement for Investment Management Services. The Charity is seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities. The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board's investments had a market value of 5.498m GBP as at March 2020 and the portfolio is broken down over various sectors as detailed in the tender documents. The Charity requires the successful supplier to manage the funds on behalf of the Charity in accordance with the required Charity Commission and other legal requirements placed on NHS charities.

### Lot Information

Lot 1

Cardiff & Vale Local Health Board Charity has a requirement for Investment Management Services. The Charity was seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities. The Charity seeks to maximise the total return on funds held and the Charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of Asset Class Distribution. In terms of the current portfolio, the Local Health Board's investments had a market value of 5.498m GBP as at March 2020 and the portfolio is broken down over various sectors as detailed in the tender documents. The Charity requires the successful supplier to manage the funds on behalf of the Charity in accordance with the required Charity Commission and other legal requirements placed on NHS charities.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/010363-2021 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 12 May 2021 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 10 May 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £300,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NHS WALES SHARED SERVICES PARTNERSHIP |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF14 4HH |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Heath |
| Westminster constituency | Cardiff North |
| Delivery location | TLL22 Cardiff and Vale of Glamorgan |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | RATHBONE INVESTMENT MANAGEMENT |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66120000 - Investment banking services and related services

## Release History

- 12 May 2021 at 07:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/010363-2021

## Notice URLs

- http://nwssp.nhs.wales/ourservices/procurement-services/
- https://ted.europa.eu/udl?uri=TED:NOTICE:343629-2020:TEXT:EN:HTML
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0221

## 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-h6vhtk-02afec. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-02afec.json.