---
title: "Active Multi Asset Investment Manager"
ocid: "ocds-r6ebe6-0000563997"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-r6ebe6-0000563997"
markdown_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000563997.md"
json_url: "https://d3tenders.com/contract/ocds-r6ebe6-0000563997.json"
source: "Public Contracts Scotland"
current_stage: "Award"
buyer: "RENFREWSHIRE COUNCIL"
published: "2019-06-11"
---

# Active Multi Asset Investment Manager

Buyer: RENFREWSHIRE COUNCIL  
Current stage: Award  
OCID: ocds-r6ebe6-0000563997

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[Download OCDS JSON](https://d3tenders.com/contract/ocds-r6ebe6-0000563997.json)

## Summary

Renfrewshire Council is seeking to appoint an Active Multi Asset Investment Manager to manage various funds aimed at supporting community projects. This tender, initiated on the 11th of June 2019, falls under the services category and is currently in the Award stage. The contract is expected to commence on 1st July 2019 and will run for a minimum of three years, with potential extensions. Bids for this open tender can be submitted electronically, with a priority placed on quality and price during the selection process.

This project presents a significant opportunity for investment firms, especially those with experience managing assets for large charitable organisations or public entities. Businesses that focus on financial management and investment strategies tailored to community-driven projects will be particularly well-suited to compete for this contract. The successful bidder will not only gain access to the funds involved but also make a positive impact on the local community through the generated returns, thus enhancing their business profile and reputation.

## Notice

Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the "Investment Manager" or " Service Provider") to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage the Paisley Common Good Fund, the Renfrew Common Good Fund ("Common Good Funds"), the Renfrewshire Educational Trust ("Educational Trust") and the Renfrewshire Council Insurance Fund ("Insurance Fund") each "Fund" or collectively known as the " Combined Funds".

### Lot Information

Lot 1

Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the "Investment Manager" or " Service Provider") to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage the Paisley Common Good Fund, the Renfrew Common Good Fund ("Common Good Funds"), the Renfrewshire Educational Trust ("Educational Trust") and the Renfrewshire Council Insurance Fund ("Insurance Fund") each "Fund" or collectively known as the " Combined Funds". The Council intends to contract for a minimum period of three (3) years with the Council retaining the option to extend the contract for up to 12 months on two separate occasions. It is anticipated that the contract shall commence on 1st July 2019 to 30th June 2022 with the option of up to a two year extension. The actual dates will be confirmed in the Council's letter of acceptance.

Renewal: The Contract has the option of up to a two (2) year extension period.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Public Contracts Scotland |
| Latest notice | https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN356917 |
| 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 | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jun 2019 |
| Submission deadline | 24 Dec 2018 |
| Future notice date | Not specified |
| Award date | 22 May 2019 |
| Contract period | Not specified |
| Recurrence | Anticipated date of September 2021 however if the option to extend is utilised, the anticipated date for publishing a notice would be September 2023. |

## Values

| Field | Value |
| --- | --- |
| Tender value | Not specified |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £466,370 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Complete |
| Awards status | Not specified |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | RENFREWSHIRE COUNCIL |
| Locality | PAISLEY |
| Post town | Paisley |
| Postcode | PA1 1JB |
| Country | Scotland |
| ITL 1 | TLM Scotland |
| ITL 2 | TLM3 West Central Scotland |
| ITL 3 | TLM33 Inverclyde, East Renfrewshire, and Renfrewshire |
| Local authority | Renfrewshire |
| Electoral ward | Paisley East and Central |
| Westminster constituency | Paisley and Renfrewshire South |
| Delivery location | TLM83 Inverclyde, East Renfrewshire, and Renfrewshire |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ABERDEEN STANDARD CAPITAL |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66100000 - Banking and investment services

## Release History

- 11 Jun 2019 at 00:00 - Award - OJEU - F3 - Contract Award Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN356917
- 20 Nov 2018 at 00:00 - Tender - OJEU - F2 - Contract Notice - https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV337942

## Documents

- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=NOV337942
  Active Multi Asset Investment Manager - Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the "Investment Manager" or " Service Provider") to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage the Paisley Common Good Fund, the Renfrew Common Good Fund ("Common Good Funds"), the Renfrewshire Educational Trust ("Educational Trust") and the Renfrewshire Council Insurance Fund ("Insurance Fund") each "Fund" or collectively known as the " Combined Funds".
- https://www.publiccontractsscotland.gov.uk/search/show/search_view.aspx?ID=JUN356917
  Active Multi Asset Investment Manager - Renfrewshire Council (the Council) acting on behalf of itself and for associated Charities who are seeking to appoint an Active Multi Asset Investment Manager ( hereinafter referred to as the "Investment Manager" or " Service Provider") to manage the investments and generate a return which is then distributed to support community projects. The Investment Manager will manage the Paisley Common Good Fund, the Renfrew Common Good Fund ("Common Good Funds"), the Renfrewshire Educational Trust ("Educational Trust") and the Renfrewshire Council Insurance Fund ("Insurance Fund") each "Fund" or collectively known as the " Combined Funds".

## Notice URLs

- http://
- http://www.publictendersscotland.publiccontractsscotland.gov.uk/
- http://www.renfrewshire.gov.uk
- https://api.publiccontractsscotland.gov.uk/v1/Notice?id=ocds-r6ebe6-0000563997
- https://www.publictendersscotland.publiccontractsscotland.gov.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-r6ebe6-0000563997. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-r6ebe6-0000563997.json.