Fund management of ethical multi-asset fund
What the buyer wrote
The objective of this tender is to appoint a fund manager who will initially invest a maximum of 10 million GBP under management on behalf of the GMC. This amount will be reviewed annually by the GMC Council. The successful tenderer will be free to invest through a mutual fund, segregated portfolio, or a combination of both. The GMC has a low risk appetite and we wish to protect against volatility, capital loss and the erosion of asset value by inflation. The GMC therefore seeks to generate the best financial return that is consistent with our attitude to risk and therefore aim to achieve a target rate of return on funds under management of inflation (CPI) plus 2 percent, over a rolling f…
Details
- What the buyer calls it
- Fund management of ethical multi-asset fund
- How they are buying
- Advertised, open to anyoneAny supplier could bid without being invited first.
- Type
- services
- Suitable for small firms
- The buyer says yes. What that is worth
- Work starts
- 31 Dec 2015
- Work ends
- 31 Dec 2020
- Kind of work
- Accountancy, audit and financial advice
Who the buyer named
Gordon Duffus was the named contact on this notice.