Pension fund management services

Tender description

This contract covers the appointment of investment managers to provide their services in the management of an active global emerging market equity mandate. Performance will be measured against the MSCI Emerging Markets Index. The target out performance is expected to be around 2-4 % p.a. A solution based on existing pooled funds will be preferred. The overall mandate size is expected to be approximately 100 000 000 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. This procurement aimed to appoint a single investment manager to provide their services in the management of an active global emerging markets equity mandate. The contract term is for a maximum period of 10 years, the Royal Borough of Greenwich does however reserve the right that at any time during the term of the contract, to give 1 day (24 hrs) notice of termination.