Portfolio Management Services - Pori Asset Management Services. The City Of Pori Is Asking For Offers For Full Proxy Fund Management. The Acquisition Is To Provide A Full Proxy Asset Management Service For The City Of Pori Within The Limits Of The Citys Procurement Documents. The Amount Of The Wealth Of The City Of Pori, Which Is Comprising The Invitation To Tender, Is Approximately Eur 300 Million. Three Different Asset Managers Will Be Sought Through The Tender For This Assets, Which Means That The Outsourced Individual Asset Management Portfolio Will Be Around Eur 100 Million. Thus, In The Baseline, Fundraising Portfolios Are Approximately Eur 100 Million Per Asset. The Procurement Has Not Been Divided Into Parts Because The Aim Is To Implement A Comprehensive Asset Management Service With The Same Content Between Three Selected Operators. Partitioning Would Not Be Appropriate Because The Content Of The Service Is Uniform And Effective Management Requires A Uniform Procurement Procedure And Contract Structure. In Order To Ensure Comparability, Offers Are Requested For A Certain Type Of Model (Appendix 4), Which Serves As A Reference Base For Tenderers. However, There May Also Be Other Instruments During The Contract Period. Thus, The Service Providers Selected Do Not Have The Exclusive Right To Provide The Services That Are Subject To Procurement. At A Later Stage, The City Of Pori Reserves The Right To Increase Or Reduce The Assets To Be Invested In Asset Managers. At A Later Stage, The City Of Pori Will Decide On How To Target Any Additional Investments Or Investment Deductions From The Wealth Managed By The Asset Managers Based On What Is Appropriate For The Goals Set For Investment Activities. In The Procurement Procedure, Tenders Shall Be Made In Accordance With The Limits Enabled By The Investment Plan (Annex 3) And The Principles Of Financing And Investment Activities (Annex 2), As Well As The Separate Allocation Distribution Of The Funding And Investment Activities (Appendix 4). The Start -Up Steps And Procedures Of The Departure Phase Will Be Negotiated With The Service Providers At The Time Of Concluding The Contract, Whereby The Agreement With The Asset Managers To Be Selected, Determines The Time The Investment Plan Agreed And How The Funds Are Transferred And Allocated. This Is Taken Into Account E.G. Time Dispersion And Market Environment. The Aim Of The City Of Pori Is To Ensure That The Investment Plan Of The Capital Services Provided For The Asset Management Service And The Principles Of Financing And Investment Activities, High -Quality, Responsible And Competitive Asset Management. The Quality And Content Of The Investment Activities Is Monitored By A Regular System With A Full -Scale System So That The Administration Is Clear On The Risks And Return On Investment Assets. The City Works With Reputable And Reliable Partners. Service Providers Are Required To Have General Principles On Responsibility Issues And To Accept The Principles Of The Un Responsible Investment. With Responsible Investment
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