100% Secure Payments
Tender Details
- Country: United Kingdom
- Summary: Agency Fx Trading & Cash Equitization Services
- GBT Ref No: 99411468
- Deadline: 30 Apr 2024
- Competition: ICB
- Financier: Self Financed
- Purchaser Ownership: Public
- Tender Value: Refer Document
- Notice Type: Tender
- Document Ref. No.: Agency FX Trading / Cash Equitization Services - PIN
- Purchaser's Detail :
- Description :
- Title : Agency FX Trading & Cash Equitization Services
Location Of Contract : South West
Industry : Security brokerage services - 66131000 Portfolio management services - 66140000 Foreign exchange services - 66180000
Description : Brunel Pension Partnership (Brunel) is one of eight UK Local Government Pension Scheme pools, bringing together ~£35 billion of investments of ten like-minded funds.We are seeking a single vendor to provide a number of specific implementation services. At this stage this opportunity is soft market test only and not a call for competition. The Contracting Authority may or may not subsequently publish a formal contract opportunity notice in the future.The main purpose is to understand how many providers within the market are able to provide both of the below services:1) Cash Equitization ServicesWe are seeking to "equitize" residual cash within applicable multi-manager funds. This involves applying market exposure through derivatives, retaining access to cash for operational purposes, but attaining market risk premium exposure. Our initial focus would relate to 6 of our equity funds which have average cash balances of 1-2% (see attachment).- We seek a streamlined investment process, minimising work for our inhouse operations team. - Providers must demonstrate specific experience delivering this specific service as a standalone service (not just ge... - Documents :
Purchaser : BRUNEL PENSION PARTNERSHIP LIMITED
5th Floor,101 Victoria Street BRISTOL BS16PU England
Contact Person : Melissa Freudenstein
Email :procurementqueries.brunel@brunelpp.org
If you are registered member, kindly login to view full details of this tender notice:
CLICK HERE TO LOGIN
