--- title: "Asset Investment Management Service" ocid: "ocds-kuma6s-094270" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-kuma6s-094270" markdown_url: "https://d3tenders.com/contract/ocds-kuma6s-094270.md" json_url: "https://d3tenders.com/contract/ocds-kuma6s-094270.json" source: "Sell2Wales" 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-kuma6s-094270 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-kuma6s-094270) [Download OCDS JSON](https://d3tenders.com/contract/ocds-kuma6s-094270.json) ## Summary The NHS Wales Shared Services Partnership is seeking asset investment management services through a tender process. The procurement is for a 2-year contract starting from October 1, 2019, with a possible extension. The organisation is based in Cardiff, UK, and operates in the health industry. The charity aims to maximise returns on investments while maintaining a conservative risk policy and adhering to legal requirements. The tender is in the award stage. This procurement opportunity by the NHS Wales Shared Services Partnership is suitable for businesses experienced in investment management services, particularly those with expertise in handling funds for healthcare charities. The tender presents a chance for businesses to engage with a reputable healthcare organisation in Cardiff, UK, offering potential growth opportunities within the health sector. Interested parties can engage with the organisation through the provided contact details to explore collaboration possibilities in the open procurement process. ## 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 | Sell2Wales | | Latest notice | https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=094270 | | Notice type | OJEU - F3 - Contract 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 4TT | | 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 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.sell2wales.gov.wales/search/search_switch.aspx?ID=094270 ## Documents - https://www.sell2wales.gov.wales/search/show/search_view.aspx?ID=JUL483647 Asset Investment Management Service - 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. ## Notice URLs - http://www.procurement.wales.nhs.uk - https://api.sell2wales.gov.wales/v1?lang=cy/Notice?id=ocds-kuma6s-094270 ## 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-kuma6s-094270. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-kuma6s-094270.json.