Portfolio Management Services - Acquisition Of Asset Management. The Share Of Wealth To Be Competitive In The City Of Lahti, Which Comprises The Invitation To Tender, Is Approximately Eur 30 Million. Through The Tender, 3 Asset Managers Will Be Sought For The Management Of This Wealth Item, Which Means That The Outsourced Portfolio Will, In Principle, Be Around Eur 10 Million. The Aim Is To Have Wealth In The Future, Managed By 3 Asset Managers To About Eur 50 Million. Thus, The Goal Is For The Asset -Specific Portfolio To Grow To About Eur 16.7 Million In The Near Future. In The Baseline, Portfolios Are Approximately Eur 10 Million Per Asset. Thus, The Service Providers Selected Do Not Have The Exclusive Right To Provide The Services That Are Subject To Procurement. At A Later Stage, The City Of Lahti Reserves The Right To Increase Or Reduce The Assets To Be Invested In Asset Managers. At A Later Stage, The City Of Lahti Will Decide On How To Target Any Additional Investments Or Investment Deductions From The Wealth Managed By The Asset Managers Based On What Is Appropriate For Investment Goals. The City Of Lahti Is Asking For Offers For Full Proxy Fund Management. The Procurement Procedure Applies The Open Procedure Under Article 32 Of The Public Procurement And Conventionary Agreements Act (1397/2016). This Is A Procurement Exceeding The Eu Threshold. The Agreement Is Valid Indefinitely. In The Procurement Procedure, Tenders Shall Be Made In Accordance With The Limits Enabled By The Investment Plan And The Principles Of Investment Activities Attached To The Invitation To Tender. Annexes 7 And 8 Of The Invitation To Tender. The Measures And Procedures Of The Departure Phase Are Negotiated With The Service Providers At The Time Of Concluding The Contract, Whereby The Agreement With The Selected Asset Managers Determines The Time The Investment Plan Agreed And Transferred. The Aim Of The City Of Lahti Is To Ensure That Of The Principles, High -Quality, Responsible And Competitive Asset Management In Accordance With The Principles Of Investment In Asset Management. The Aim Is For The Agreement To Enter Into Force Six Months After The Tender Of The Tender Or, If The Procurement Decision, Has Become Final. The City Of Lahti Is Not A Professional Investor At The Time Of Tendering. The Tendering Includes An Interview Phase. The Interview Days Are 23.4. And 24.4. We Ask You To Book Your Calendars In Advance As You May Be Invited To The Interview. In Principle, The Interviews Will Be Held On Site In Lahti. The Opportunity Is Also Organized For A Remote Interview In Teams.
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.
