Awarded contract

Amended IMA with UBS Asset Management (UK) Ltd - EME and EMEA

Details

Value
£1,000,000
Duration
10 years
Topic
Pension investment services
Published
21 February 2023

Tender description

Border to Coast Pensions Partnership Ltd has awarded the contract for an Investment Management Agreement for the Emerging Markets Equity Alpha Fund to UBS Asset Management (UK) Ltd.

Timeline

  1. Completed: Award date16 February 2023
  2. Completed: Award published21 February 2023
    Current notice
  3. Next: Contract expiry date15 February 2033in 6 years

About the buyer

Border to Coast Pensions Partnership is a local government pension asset manager based in Leeds. The Local Government Pension Scheme funds that set it up own it as equal shareholders. A dedicated procurement team carries out due diligence on suppliers. Some tenders use a competitive flexible procedure in two stages. Soft market testing with suppliers comes before some tenders. Bidders must show their policies on diversity, environmental impact and modern slavery.

Over the past 5 years, most of Border to Coast Pensions Partnership Limited's contract awards have been in software and information systems, financial and insurance services and IT services.

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Decision makers

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