Published date: 9 May 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 5 October 2021, 5pm

Contract summary

Industry

  • Portfolio management services - 66140000

Location of contract

E14 4PU

Value of contract

£260,000

Procurement reference

tender_285195/1067961

Published date

9 May 2022

Closing date

5 October 2021

Closing time

5pm

Contract start date

27 April 2022

Contract end date

26 April 2026

Contract type

Service contract

Procedure type

Call-off from a framework agreement

A mini-competition or direct purchase from a pre-established framework agreement.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

To improve its asset allocation process, Nest procured the necessary derivative tools, namely an Efficient Portfolio Management (EPM) mandate, to be able to rebalance to its target allocation faster and more efficiently. This process was a further competition between asset managers already contracted to Nest to provide portfolio management services.

Award information

Awarded date

25 November 2022

Contract start date

27 April 2022

Contract end date

26 April 2026

Total value of contract

£260,000

This contract was awarded to 1 supplier.

Amundi (UK) Limited

Address

77 Coleman Street, London, EC2R 5BJ

Reference

Companies House number: 01753527

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Nest

Address

10 South Colonnade
London
E14 4PU
England

Email

procurement@nestcorporation.org.uk