Transition Manager JPM-FBI
Transition manager, who will manage the divestment from J.P. Morgan and investment into the LGPS Central FBI fund. The transition manager will reduce costs by transitioning assets 'in-specie' where possible and position the assets into the desired portfolio for the new investment. Staffordshire Pension Fund invests in a variety of listed equity assets. At the Pensions Panel on 6 June 2023, Members approved an increase in the Fund's allocation to Factor-Based Investment (FBI) equities from 5.0% to 8.8% of the Fund....
Buyer
Staffordshire County Council
Value
£86,190
Published
25 Sept 2023
Closes
19 Jul 2023
Procurement details
Source
Contracts Finder
Region
United Kingdom
Procurement method
Other Exception Against Internal Procurement Regulations
Category
Services
Contract starts
31 Jul 2023
Contract ends
31 Oct 2023
CPV classifications
66131100
Pension investment services
Lots
Lot default Transition Manager JPM-FBI
£86,190
Transition manager, who will manage the divestment from J.P. Morgan and investment into the LGPS Central FBI fund. The transition manager will reduce costs by transitioning assets 'in-specie' where possible and position the assets into the desired portfolio for the new investment. Staffordshire Pension Fund invests in a variety of listed equity assets. At th...
Delivery: West Midlands · United Kingdom, West Midlands, United Kingdom
Documents
Unlock document linkAwarded contract notice on Contracts Finder
25 Sept 2023
Awarded contract notice on Contracts Finder
Award notice · Web page
Contains public sector information licensed under the Open Government Licence v3.0.