Tender notice
Endowment Fund Investment Manager
Notice details
- Published
- Category
- services
- Buyer region
- South West
- Source
- View official notice
Public buyer
Public buyer
University of BristolTender value£850,000
- Planned startAs published in the notice
- Planned endAs published in the notice
Work description
Following a review of the University's Endowment Investment Policy, the University of Bristol has decided to seek tenders from specialist managers for the management of its endowment portfolio which has a value of approximately £60M.
Potential managers of the portfolio would be expected to invest in line with best practice in terms of corporate governance and the University's Endowment Investment Policy.
The University places a premium on the service it receives from its suppliers and the managers of the portfolio would be expected to provide a high quality of service and develop a close working relationship with the University.
Potential managers of the portfolio would be expected to have experience of managing funds from charities.
The initial contract period is 5 years plus up to another 5 years if the options to extend are exercised.
The "Lowest/Actual Value" referred to in the Summary Information is estimated on the basis of the minimum contract period of 5 years.
Additional information: https://tenders.bris.ac.uk