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Asset Management Mandate - Lot 1: Shares World ex Europe, sustainable - Lot 2: Stocks World Small Caps, Sustainable - Lot 3: Stocks Emerging Markets, Sustainable - EU tenders
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Asset Management Mandate - Lot 1: Shares World ex Europe, sustainable - Lot 2: Stocks World Small Caps, Sustainable - Lot 3: Stocks Emerging Markets, Sustainable Text automatically translated in your browsing language Automatically translated

Overview
  • Published
    11/11/2024
  • Today
    09/12/2024
  • Deadline
    12/12/2024
Status
Published
Type of contract
Services
Subject for Renewal
No
Buyer
Ministerium der Finanzen des Landes Sachsen-Anhalt
Place of performance
NUTS code: Multiple place of performance
Location of buyer
NUTS code: DEE03 Magdeburg, Kreisfreie Stadt
Business sector (Main CPV)
66000000 Financial and insurance services
Total estimated contract value (excluding VAT)
Not available
Total final contract value (excluding VAT)
Not available
Number of lots
3
Procedure details
Tender reference number
GS 141 VVTW 022024
Description

The state of Saxony-Anhalt has invested EUR 3.3 billion in several special funds set up by the state through its own investment architecture. The investment universe is broadly diversified across the global equity and bond markets. There is a special fund for funds with a short-term investment horizon (Elbe Fund) and a fund for funds with a long-term investment horizon (Brocken Fund). The Brocken fund consists of 10 segments, each managed by specialized asset managers. The capital management company is Universal Investment GmbH and the depositary is BNP Paribas Securities Services S.C.A. The Ministry of Finance of the State of Saxony-Anhalt is the representative of the investors of the special AIF. Currently, 21 different assets of the country are invested in the Brocken Fund. The largest investors are the “Altlastensanierung des Landes Sachsen-Anhalt” and the “Pensionsfonds für dieversorgung und Beihilfen der Versorgungsempfänger des Landes Sachsen-Anhalt”. The funds of the special fund “Altlastensanierung” are used to finance already identified remediation projects of the state of Saxony-Anhalt. The financial assets of the “Pensionsfonds für die Versorgungs und Beihilfen der Versorgungsempfänger des Landes Sachsen-Anhalt” are invested in the future. It serves to finance future utility and aid expenditures of the state of Saxony-Anhalt. The subject of the procedure is the award of financial services in connection with portfolio management. One asset management mandate will be awarded per lot. Lot 1 - Aktien Welt ex Europe, sustainable start-up volume (approx.) Total EUR 400 million Lot 2 - Aktien Welt Small Caps, sustainable start-up volume (approx.) Total EUR 150 million Lot 3 - Aktien Emerging Markets, sustainable start-up volume (approx.) Total EUR 150 million. In general, and if a company is able to offer several strategies for the mandate, only one strategy should be offered, being the most appropriate strategy in terms of the investment guidelines and the investment policy of the mandate. For the detailed scope of services, please refer to the Annex “Draft Investment Guidelines Lots 1 – 3.pdf”. The contract documents with the associated annexes and the questionnaires for the evaluation of the offer will only be made available during the offer phase. Text automatically translated in your browsing language Automatically translated

Submission Method
Electronic via:
https://www.evergabe-online.de/
Tenders may be submitted
Electronic submission: required
https://www.evergabe-online.de/
Information about a public contract, a framework agreement or a dynamic purchasing system (DPS)
Not available
Conditions for opening tenders (date)
Not available
Place of performance
DE Deutschland
DEE03 Magdeburg, Kreisfreie Stadt
CPV code

66000000 - Financial and insurance services

66140000 - Portfolio management services CVP code deduced from the text of the procedure AI-generated

66100000 - Banking and investment services CVP code deduced from the text of the procedure AI-generated

Lots (3)
Documents
Prior information
Contract
Award
Footnote - legal notice

This content published on this page is meant purely as an additional service and has no legal effect. The Union's institutions do not assume any liability for its contents. The official versions of the relevant tendering notices are those published in the Supplement of Official Journal of the European Union and available in TED. Those official texts are directly accessible through the links embedded in this page. For more information please see Public Procurement Explainability and Liability notice.