# Provision of Investment Management Services

> Tender notice from UK public-sector procurement sources.

## Key facts

- Public buyer: [Nursing and Midwifery Council](/buyers/nursing-and-midwifery-council/contract-awards)
- Tender value: £2,000,000
- Published: 1 August 2019
- Planned start: 23 December 2019
- Planned end: 22 December 2024
- Stage: open_tender
- Procurement category: services
- Notice ID: 89a1ace3-f3b4-48ae-9abf-fc35b6ab789d-305188
- OCID: ocds-b5fd17-0e0fecb6-1e8a-44c6-8a62-68613ff27b99

## Description

The NMC currently has approximately £90m in cash and has recently decided to allocate funds in the region of £30m to a successful supplier to manage as long term investments\. Our thinking is that the funds will remain invested for the long term and it is highly unlikely access would be required in the next 5-10 years\. The investment manager will be provided with clear objectives and given full responsibility to take decisions as to how funds are invested within the framework of our investment policies\. The Investment Policy provided sets out in full our objectives and restrictions on investment\. It breaks down our investment assets into three portfolios and specific associated policies: Short, Medium and Long term\. In this procurement we are seeking an investment manager only for assets held in the Long Term portfolio\. Therefore, a portfolio with a strategic asset allocation which is then tactically adjusted is expected\. We are appointing one manager for this allocation of funds\. Additional information: Responses to the ITT are to be completed electronically using the NMC e-Sourcing portal \('e-Sourcing Portal'\): https://in-tendhost\.co\.uk/nmc Is a Recurrent Procurement Type? : No

## Related contract awards

- [Provision of Document Generation Software for Modernisation of the Fitness to Practise Systems](/contracts/ocds-b5fd17-60866df8-2592-4384-a84c-20d1d1d8457c): Nursing And Midwifery Council
- [Office Stationery Supplies](/contracts/ocds-b5fd17-1065696b-fb89-459a-928f-95ceafccba6e): Nursing And Midwifery Council
- [Strategic Support Contract for Technology Delivery Assurance and Operational Risk Review](/contracts/ocds-b5fd17-9597b243-2b8c-44b2-a1e5-267070eecb03): Nursing And Midwifery Council

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/89a1ace3-f3b4-48ae-9abf-fc35b6ab789d-305188)