Tenders Are Invited For Portfolio Management Services – Financial Management Services Of The University Of Lapland And Lapland University Of Applied Sciences Oy

Portfolio Management Services – Financial Management Services Of The University Of Lapland And Lapland University Of Applied Sciences Oy. The University Of Lapland Is Requesting Bids For The Financial Management Of A Full Power Of Attorney For The University Of Lapland And The University Of Lapland Oy (Organizations). The Object Of The Procurement Is The Production Of A Full Power Of Attorney Asset Management Service For Organizations Within The Limits Specified In The Procurement Documents. For The University Of Lapland, The Euro Amount Of The Organizations Assets To Be Tendered, Which The Tender Includes, Is Approximately 48 Million. € And For Lapland University Of Applied Sciences Oy About 26 Million. €. One Principal Asset Manager Is Sought Through A Tender To Manage These Assets. Of The Assets To Be Invested, 0.9Meur Is In An Illiquid Form, And This Means That It Takes Longer To Transfer Approximately 0.9Meur To The Asset Manager, And The Funds Are Transferred When They Have Been Realized. The Procurement Has Not Been Divided Into Parts, Because The Goal Is To Implement A Comprehensive Asset Management Service With The Selected Main Asset Manager. The University Of Lapland And Lapland University Of Applied Sciences Oy Have A Joint Investment Strategy. According To The Decisions Of The Organizations Boards, The So-Called Full Power Of Attorney Asset Management Model Is Used In The Management Of Investment Assets. The Investment Assets Of The Organizations Are Managed By One Joint Main Asset Manager And Specialized Asset Managers Who Support Him. Alternative Investments Must Be Invested In Investment Funds That Meet The Criteria Of The Ucits Directive. The University Of Lapland And The Lapland University Of Applied Sciences Value Investment Transparency, Liquidity And Effective Investment Risk Diversification, Also In Alternative Investments. According To This, The Investment Target Can Be Investments That Are Listed On The Stock Exchange Or Are Subject To Continuous Trading In Some Other Way, Which Can Be, For Example, Reit Real Estate Investment Companies And Infrastructure Investments. The Asset Manager Can Suggest Other Similar Investments That Meet The Conditions Described Here As Alternative Investments. The Asset Manager Proposes A Sub-Asset Class Allocation For Fixed Income Investments And Alternative Investments, Taking Into Account The Goals And Limitations Of The Investment Activities Of Lapland University And Lapland University Of Applied Sciences Oy. With Regard To Equity Investments, The Offer Must Be Structured To Correspond To The Country Distribution Of The Msci World Index. The Investment Strategy Reads:. Etf Investments Are Made In Funds With A Net Asset Value Of At Least One Billion Euros. However, The Asset Manager Can, For A Justified Reason, Propose Another Solution Where The Liquidity Of The Investment Is At A Good Level, Even If The Net Asset Value Of The Etf Investment Is Below One Billion Euros. The Solution Will Be Discussed Separately With The Selected Bidder When Concluding The Contract. To Ensure Comparability, Bids Are Requested For A Certain Model Portfolio (Appendix 1 Basis Of Comparison), Which Serves As A Comparison Basis For Bidders Bids. However, Other Instruments May Also Be Used During The Contract Period. The Asset Manager Commits To The Prices He Gives For Equity And Interest Investments And Alternative Investments. In The Procurement Procedure, The Offers Are Ann