---
title: "NU/ 1756 The Provision of Global Equity Manager/s"
ocid: "ocds-h6vhtk-031cf0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-031cf0"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-031cf0.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-031cf0.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2022-07-27"
---

# NU/ 1756 The Provision of Global Equity Manager/s

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-h6vhtk-031cf0

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## Summary

The procurement process involves Newcastle University seeking to appoint active global equity investment managers to manage approximately £75 million on behalf of its endowment fund. This tender, titled "NU/1756 The Provision of Global Equity Manager/s," falls under the investment banking services category and is governed by a selective procurement method defined as a restricted procedure. The tender period is active, with submissions due by 4th April 2022. The successful bidders will be informed of the award decision, which includes a standstill period that allows for challenges to the decision before contracts are finalised.

This tender presents significant opportunities for investment firms with a strong emphasis on environmentally and socially responsible investment approaches, particularly those with established ESG strategies. Companies specialising in asset management and investment services, particularly those that are UNPRI signatories without a history of investment in tobacco or contentious sectors, would be well-positioned to compete. Potential bidders should demonstrate a robust track record in fund management and contribute towards the university's Climate Action Plan, which can further enhance their proposals in this competitive tender process.

## Notice

The university appointed active global equity investment managers to manage in the region of PS75m behalf of the University of Newcastle endowment fund.

### Lot Information

Lot 1

The University wishes to appoint active global equity investment manager/s (between 1 and 3 companies) to manage in the region of PS75m behalf of the University of Newcastle endowment fund. Social and environmental justice are core values of the University and we are committed to socially and environmentally responsible investment. We are looking to appoint investment managers with well-developed ESG approaches who will also work with us to achieve the aims of our Climate Action Plan. We do not permit investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. UK equities are acceptable within the portfolio but must not exceed 20% of the total portfolio by value. Bidders should disclose the control ranges which they apply to UK holdings. To be considered managers must meet the criteria outlined in the specification including: * UNPRI signatory * No investment in tobacco related companies or companies making revenue from armaments or from the extraction and production of fossil fuels. * Is not currently and has not in the last five years been subject to serious regulatory investigation or action * Track record of fund management team of at least ten years in running equity mandates * Ability to contribute to the University's Climate Action Plan through the provision of reports on the carbon footprint of investment portfolios All criteria are extremely important to the University and will not be negotiable.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/020418-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 27 Jul 2022 |
| Submission deadline | 4 Apr 2022 |
| Future notice date | Not specified |
| Award date | 14 Jul 2022 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £2,500,000 |
| Lots value | £2,500,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## 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 | TLC22 Tyneside |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 3 |
| Supplier names | JANUS HENDERSON INVESTORS; LIONTRUST ASSET MANAGEMENT; SCHRODERS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66120000 - Investment banking services and related services

## Release History

- 27 Jul 2022 at 08:48 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/020418-2022
- 2 Mar 2022 at 14:10 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/005719-2022

## Notice URLs

- https://procontract.due-north.com/Login
- https://www
- 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-h6vhtk-031cf0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-031cf0.json.