---
title: "Asset Investment Management Service"
ocid: "ocds-h6vhtk-047bd0"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-047bd0"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-047bd0.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-047bd0.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "NHS WALES SHARED SERVICES PARTNERSHIP"
published: "2024-07-09"
---

# Asset Investment Management Service

Buyer: NHS WALES SHARED SERVICES PARTNERSHIP  
Current stage: Award  
OCID: ocds-h6vhtk-047bd0

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-047bd0.json)

## Summary

The procurement process was initiated by the NHS Wales Shared Services Partnership for the provision of Asset Investment Management Service to the Cardiff and Vale Local Health Board Charity. The title of the tender is "Asset Investment Management Service" in the financial and insurance services industry category. The procurement stage is cancelled, with the initial tender for Investment Management Services being discontinued. The contracting authority is seeking innovative responses to manage funds totalling GBP 6.114m on behalf of the Charity in adherence to the Charity Commission and legal requirements.

This tender presents opportunities for businesses in the financial and insurance services sector to compete for managing investment funds for a local health charity. Companies with expertise in investment banking and financial services would be well-suited to engage in this tender. Although the tender is currently cancelled, future opportunities may arise within the public procurement sphere for service providers seeking to work with charities and public health bodies like the Cardiff and Vale Local Health Board Charity.

## Notice

CARDIFF AND VALE LOCAL HEALTH BOARD CHARITY has the requirement for Investment Management Services. The Charity is seeking innovative responses to deliver Investment Services commensurate with the esponsibilities of NHS Charities. The contract will be for a period of 2 years commencing from 1st October 2019 with the Health Board option to extend for a maximum of a further two years. 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 GPB 6.2m as at March 2019 and the portfolio is broken down over various sectors as shown 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 and Vale University Health Board Charity has the requirement for Investment Management Services. The Charity is seeking innovative responses to deliver Investment Services commensurate with the responsibilities of NHS Charities. The contract will be for a period of 2 years commencing from 1st October 2019 with the Health Board option to extend for a maximum of a further two years. 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 GBP 6.114m as at March 2019 and the portfolio is broken down over various sectors as shown 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. The current restrictions placed on investments by the Charity are set out in the approved investment strategy which is provided in the tender documents.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/020867-2024 |
| Notice type | Award 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 | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 9 Jul 2024 |
| Submission deadline | Not specified |
| Future notice date | Not specified |
| Award date | 9 Jul 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Cancelled |
| Lots status | Cancelled |
| Awards status | Unsuccessful |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NHS WALES SHARED SERVICES PARTNERSHIP |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF14 4XW |
| 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 |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66120000 - Investment banking services and related services

## Release History

- 9 Jul 2024 at 09:45 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/020867-2024

## Notice URLs

- http://www.procurement.wales.nhs.uk
- https://ted.europa.eu/udl?uri=TED:NOTICE:354761-2019: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-047bd0. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-047bd0.json.