500563 Acquisition of full power of attorney asset management | Tenderlake

500563 Acquisition of full power of attorney asset management

Contract Value:
-
Notice Type:
Contract Notice
Published Date:
29 May 2024
Closing Date:
16 August 2024
Location(s):
FI SUOMI / FINLAND (FI Finland/SUOMI / FINLAND)
Description:
Invitation for asset management services tender for equity and fixed income investments, including custody of securities, with a total asset value of approximately EUR 380 million, seeking 3 asset managers for outsourced portfolios of around EUR 127 million each, to ensure high-quality, responsible, and competitive asset management.

Tampere University Foundation invites tenders for the asset management of a full power of attorney for equity and fixed income investments.
The acquisition includes the custody of securities in the managed portfolio. The share of assets to be put out to tender, which is covered by the invitation to tender, totals approximately EUR 380 million.
To manage this asset item, 3 asset managers for equity and fixed income investments will be sought through a competitive tendering process, which means that the size of the individual outsourced portfolio will be approximately EUR 127 million.

The University's objective is to ensure high-quality, responsible and competitive asset management in accordance with the investment plan of the capital entrusted to asset management.
The selected service provider does not have the exclusive right to provide the services that are the subject of the procurement.
The University does not commit to certain amounts of capital during the agreement period, the capital can be increased or decreased and the investment principles can be updated if necessary.
The Client and the asset manager agree together on the time, measures and procedures for the introduction of the service when signing the agreement.


LOT-0000
711075
500563 Acquisition
of full power of attorney. Tampere University Foundation invites tenders for the asset management of a full power of attorney for equity and fixed income investments.
The acquisition includes the custody of securities in the managed portfolio. The share of assets to be put out to tender, which is covered by the invitation to tender, totals approximately EUR 380 million.
To manage this asset item, 3 asset managers for equity and fixed income investments will be sought through a competitive tendering process, which means that the size of the individual outsourced portfolio will be approximately EUR 127 million.

The University's objective is to ensure high-quality, responsible and competitive asset management in accordance with the investment plan of the capital entrusted to asset management.
The selected service provider does not have the exclusive right to provide the services that are the subject of the procurement.
The University does not commit to certain amounts of capital during the agreement period, the capital can be increased or decreased and the investment principles can be updated if necessary.
The Client and the asset manager agree together on the time, measures and procedures for the introduction of the service when signing the agreement.

The Buyer:
Tampereen korkeakoulusäätiö sr
Additional information:
Link:
View Full Notice
Link:
Additional document: 500563
Link:
Download Full Notice as PDF
CPV Code(s):
66000000 - Financial and insurance services