PP18043 - LGPS Central Global Active Equities
Main contract details
Opportunity Id
DN325005
Title
PP18043 - LGPS Central Global Active Equities
Categories
80000000 - Management and Business Professionals and Administrative Services
84000000 - Financial and Insurance Services
Description
LGPS Central Limited is a private company, owned by its investors, responsible for the pooling of nine regional pension plans investments, responsible for AUM in the region of £40 Billion. The company was FCA approved in January 2018.
The key objectives of the LGPS Central pool are to:
- meet...2.5 Billion. Successful candidates will be able to demonstrate:
- consistent, robust, repeatable, investment process
- responsible investment at the heart of the investment process
- concentrated portfolio
- low, fully transparent costs
- full transparency (look through) with the ACS custodian
The key objectives of the LGPS Central pool are to:
- meet...2.5 Billion. Successful candidates will be able to demonstrate:
- consistent, robust, repeatable, investment process
- responsible investment at the heart of the investment process
- concentrated portfolio
- low, fully transparent costs
- full transparency (look through) with the ACS custodian
LGPS Central Limited is a private company, owned by its investors, responsible for the pooling of nine regional pension plans investments, responsible for AUM in the region of £40 Billion. The company was FCA approved in January 2018.
The key objectives of the LGPS Central pool are to:
- meet the investment objectives of the partner funds
- establish a collaborative platform through which administering authorities of the partner Funds can aggregate their pension assets, with a view to providing scale economies and improved investment efficiency
- create capacity to invest in asset classes which individual funds may find difficult to access
- stimulate innovation, and provide an opportunity for funds to engage with the investment industry in finding new and creative approaches to the funding challenges faced by the LGPS (and the wider pensions sector)
- act as a responsible, long-term investor, using its influence as a shareholder to promote the highest standards of corporate stewardship
The company is looking for global active equity managers to manage a fund in the region of £2.5 Billion. Successful candidates will be able to demonstrate:
- consistent, robust, repeatable, investment process
- responsible investment at the heart of the investment process
- concentrated portfolio
- low, fully transparent costs
- full transparency (look through) with the ACS custodian
Region(s) of supply
WEST MIDLANDS (ENGLAND)
Estimated value
N/A
Keywords
pension, fund, equities, invest
Key dates
Estimated contract dates
Start date
01/10/2018
End date
28/02/2029
Expression of interest window
From 28/02/2018 12:45 to 04/04/2018 12:00
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Contact details
Buyer
Wolverhampton City Council
Contact
Jessica Prince
Telephone
01902 556556
Fax
01902 555095
Address
Civic Centre
Wolverhampton
West Midlands
WV1 1RL
United Kingdom
Wolverhampton
West Midlands
WV1 1RL
United Kingdom