Tender notice
Fiduciary Management
Notice details
- Published
- Category
- services
- Buyer region
- North West
- Source
- View official notice
Public buyer
Public buyer
General Medical Council (GMC)Tender value£225,000
- Planned startAs published in the notice
- Planned endAs published in the notice
Work description
The Trustees have appointed a Fiduciary Manager. The trustees set the overall investment strategy (including the long term risk and return objectives) and then delegate investment decisions and day-to-day running of the portfolio to their fiduciary manager. The FM arrangement has been in place since 2014. The FM monitor will be required to provide a third party evaluation of the Fiduciary Manager.