Portfolio Management Services – Acquisition Of Asset Management Services For The City Of Hämeenlinna. The Object Of The Acquisition Is The Production Of A Full Power Of Attorney Asset Management Service. One Investment Unit Is Reported To The Client. With Regard To Alternative Investments, The Service Provider Can Also Use The Consultative Service Model, But Only One Contract Is Drawn Up For The Whole, In Which The Consultative Contract Can Be Attached. For Illiquid Products, The Service Provider Must Fill Out The Customers Illiquid Product Information Form, Which Is Attached To The Request For Quotation. The Service Is Provided To The City Of Hämeenlinna Within The Limits Specified By The City In Its Request For Tender. The Assets To Be Contested Are Approx. 43.5Meur. If, In The Future, An Investment Is Financed By Realizing Investment Assets, It May Be That The Managed Assets Per Asset Manager Will Decrease By Eur 4 Million In The Next Few Years. The Selected Service Provider Does Not Have The Exclusive Right To Produce The Services That Are The Subject Of Procurement For The City. The City Determines The Size Of The Investment Portfolio, Which The Selected Asset Manager Manages, I.E. Invests. At A Later Stage, The Investor Makes A Decision On How To Allocate Possible Additional Investments Or Investment Reductions From The Wealth Managed By The Asset Managers, Based On What Is Appropriate In Terms Of The Goals Set For The Investment Activities. At A Later Stage, The Subscriber Reserves The Right To Increase Or Decrease The Amount Of Investment Assets. The Offer And Service Must Be Based On The Request For Offer Prepared By Hämeenlinna. The Measures And Procedures For The Start-Up Phase Are Negotiated Separately With The Service Providers When The Contract Is Concluded, In Which Case The Contract With The Chosen Fund Managers Defines The Period Within Which The Agreed Investment Plan Will Be Followed And The Funds Will Be Transferred. The Goal Is For The Funds To Be Transferred To The Service Provider At The Beginning Of 2025. The Clients Goal Is To Ensure High-Quality, Responsible And Competitive Asset Management Of The Capital Entrusted To The Asset Management In Accordance With The Investment Plan. The Quality And Content Of The Investment Activity Is Monitored Regularly And With A System That Covers The Entire Activity In Such A Way That The Administration Is Clear About The Risks And Yield Development Of The Investment Assets. The City Works With Reputable And Reliable Partners. Service Providers Are Required To Adhere To General Principles In Matters Of Responsibility And To Accept The Uns Principles Of Responsible Investment. Responsible Investing Means Taking Environmental, Social And Corporate Governance Factors Into Account When Investing. The Asset Managers Undertake To Review The Implementation Of The Principles Of Responsible Investment In The Citys Investments Annually. The Principles And Conditions For The Realization Of Responsibility Are Described In The Call For Tenders In Connection With The Principles Decided By The City Council On Investment Activities. If The Bidders Own Processes Require It, The City Of Hämeenlinna Can Be Defined As A Professional Investor.
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
