Tenders Are Invited For Portfolio Management Services – Procurement Of Financial Management Services For The ... in Finland

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Portfolio Management Services – Procurement Of Financial Management Services For The Helsinki Parish Association. The Share Of The Helsinki Seurakuntayhtymäts Assets To Be Tendered, Which The Tender Includes, Is Approximately Eur 258 ​​Million. This Is Divided Into Three Investment Portfolios: 1. Investment Portfolio Of Helsinki Parish Associations Funds Approx. 226Meur, 2. Investment Portfolio Of Helsinki Parish Associations Funeral Funds Funds Approx. 24Meur. And 3. The Investment Portfolio Of The Funds Of The Bequest And Endowment Funds Of The Helsinki Parish Association Approx. 8Meur. Helsinki Seurakuntayhtymä Reserves The Right To Make Individual Share And Interest Investments Outside Of The Tendered Mandates. 2 Asset Managers For Equity And Interest Investments Are Being Sought Through A Tender To Manage This Asset Lot. The Purpose Is That The Outsourced Portfolios Will Therefore Be Around 129 Million Euros. The Size Of The Outsourced Portfolio Can Be Smaller Or Larger Than This. The Share Of Equity Investments In The Managed Portfolio Will Be 59% (=50%/(35%+50%). The Share Of Fixed Income Investments In The Managed Portfolio Will Be 41% (=35%/(35%+50%). The Chosen Service Providers Therefore Do Not Have The Exclusive Right To Produce The Services That Are The Subject Of Procurement. At A Later Stage, The Helsinki Parish Association Reserves The Right To Increase Or Decrease The Investable Assets Of The Fund Managers. Decides At A Later Stage How To Allocate Possible Additional Investments Or Reductions Of Investments From The Assets Managed By The Asset Managers, Based On What Is Appropriate For The Investment Activities. The Helsinki Parish Association Reviews The Performance Of The Selected Asset Managers No Later Than 3 Years After The Conclusion Of The Agreements And Reserves The Right To Allocate The Funds Between The Selected Asset Managers Based On The Review Reserves The Right To Make Individual Investments, Except For The Products Of The Seurakunta Group. The Procurement Procedure Is In Accordance With § 32 Of The Act On Public Procurement And Use Rights. The Contracts Are Valid For An Indefinite Period If The Content Of The Service (For Example, Changes To The Basic Allocation Or The Selection Of The Investment Products) Changes, The Customer Reserves The Right To Change The Content Of The Service. In The Procurement Procedure, The Offers Must Be Given In Accordance With The Limits Of The Investment Plan Attached To The Offer. When Making An Agreement Separately, In Which Case In An Agreement With The Selected Fund Managers

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