Pension fund management services

Tender description

Royal Borough of Greenwich Pension Fund wishes to invite potential investment managers to tender for providing their services in the management of a passive global equity mandate. Royal Borough of Greenwich Pension Fund is seeking to appoint a single manager to manage a passive equity mandate which will be split between tracking broad UK and global market cap weighted indices (e.g. FTSE All Share and FTSE All World) and a broad non-market cap, fundamentally weighted global equity index (e.g. FTSE RAFI 3000). A solution based on existing pooled funds will be preferred. The overall mandate size is expected to be approximately 400 000 GBP. Royal Borough of Greenwich reserves the right to alter the value and coverage of the mandate both initially and over the life of the mandate.