Procurement for Emerging Market Equities China Specialist Mandate

Procurement for Emerging Market Equities China Specialist Mandate

Border to Coast Pensions Partnership, one of the largest public sector pension pools in the UK, is seeking to appoint up to two specialist China equity managers to supplement its existing emerging market equity sub-fund.

United Kingdom-Leeds: Pension fund management services

2020/S 084-199993

Prior information notice

This notice is for prior information only

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

Official name: Border to Coast Pensions Partnership Ltd
Postal address: 5th Floor, Toronto Square, Toronto Street
Town: Leeds
NUTS code: UK
Postal code: LS1 2HJ
Country: United Kingdom
Contact person: procurement@bordertocoast.org.uk
E-mail: procurement@bordertocoast.org.uk
Telephone: +44 1134872550
Internet address(es):Main address: https://www.bordertocoast.org.uk/

Address of the buyer profile: https://www.bordertocoast.org.uk/

I.2)Information about joint procurement

I.3)Communication

Access to the procurement documents is restricted. Further information can be obtained at: https://procontract.due-north.com/Register
Additional information can be obtained from the abovementioned address

I.4)Type of the contracting authority

Body governed by public law

I.5)Main activity

Economic and financial affairs

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Procurement for Emerging Market Equities China Specialist Mandate

Reference number: DN476030

II.1.2)Main CPV code

66141000

II.1.3)Type of contract

Services

II.1.4)Short description:

Procurement for emerging market equities china specialist mandate.

II.1.5)Estimated total value

II.1.6)Information about lots

This contract is divided into lots: no
II.2)Description
II.2.1)Title:

II.2.2)Additional CPV code(s)

66131100

II.2.3)Place of performance

NUTS code: UK

II.2.4)Description of the procurement:

Border to Coast Pensions Partnership (‘Border to Coast’), one of the largest public sector pension pools in the UK, is seeking to appoint up to two specialist China equity managers to supplement its existing emerging market equity sub-fund. The fund, which is currently wholly managed internally, is expected to allocate around a third of its assets to the specialist China manager(s) – a total external mandate size of around GBP 200-300 m.

Following consultation with its partner funds, border to Coast is seeking to create separate sleeves within its emerging market equity sub-fund covering China (to be benchmarked to FTSE Total China Index) and also the internally managed sleeve which will use FTSE Emerging Markets (excluding China) as its benchmark.

This prior information notice relates specifically to investment management services for the emerging market equity sub-fund, where we have been working closely with our local authority partner funds to ensure the structure, risk and return objectives best meet their needs. We are seeking up to 2 active external China managers with a long-term, high conviction approach.

Border to coast has produced an online presentation for managers interested in bidding for the specialist China mandate. This provides the background and selection process and can be found at https://www.bordertocoast.org.uk/china-equity-manager-procurement.

The online presentation covers:

• an update on border to coast;

• the proposed structure of the emerging market equity sub-fund including the addition of up to two China managers;

• details on our approach to selection and working with external manager partners.

There will be an opportunity to ask questions on the online presentation which includes full details on how managers can request the invitation to tender documents.

II.2.14)Additional information

II.3)Estimated date of publication of contract notice:

04/05/2020

Section IV: Procedure

IV.1)Description

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: no

Section VI: Complementary information

VI.3)Additional information:

VI.5)Date of dispatch of this notice:

27/04/2020