Posted Date : August 12,2022
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-4503
Government Authority located in Mississippi; USA based organization looking for expert vendor for investment consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide investment consulting services to the government authority located in Mississippi.
- Develop and recommend an asset allocation policy for the prepaid affordable college tuition fund. Present this policy to the Board and Treasury staff and review policy on an annual basis or as circumstances in the marketplace dictate.
- Prepare and present quarterly market review that includes current and forecasted market conditions and the effect on the prepaid affordable college tuition investment portfolio.
- Prepare reports reviewing and updating the investment policy of the Fund, including the criteria and objectives as well as the strategies for bonds, stocks, real estate, cash and all other investments that the funds may utilize on an annual basis or as circumstances in the marketplace dictate.
- Provide an annual written review and analysis of portfolio structure for each investment manager as well as the Fund as a whole. In addition, the firm should maintain regular communication with the fund’s investment managers and bring to the attention of the board of directors and the treasury staff any issues of concern or changes of which the board and staff should be aware.
- Maintain a broad database of investment managers including their philosophies, styles, fee schedules, portfolio characteristics, firm characteristics, performance and client base. The information should be available for a wide range of investment manager types including but not limited to equity, bond, international, and options managers, as well as real estate and timber managers.
- Assist in the development of policies, procedures and guidelines for the Fund.
- Provide analysis of and assist in hiring external managers. This service would include assistance in the development of requests for proposals for various mandates and the execution of the overall search process. The contractor cannot bid on the invitation for bids and request for proposals that they develop, or assist in developing.
- Provide education and training to the board and treasury staff on investment topics as requested.
- Attend the meetings of the board of directors where applicable held every other month and at meetings with the treasury staff as required.
- Provide the board and agency with quarterly and annual performance evaluation reports of the Fund’s portfolio managers relative to their respective benchmarks and peer groups, including overall composite returns for the Fund and statistics by asset class and market capitalization.
- Provide customizable performance measurement reporting utilizing user driven criteria (such as by asset class, by portfolio manager). Generate reports and charts to reflect the calculated results.
- Provide quarterly portfolio compliance report with customizable guidelines for testing overall portfolio compliance and individual portfolio manager compliance.
(2) All questions must be submitted no later than August 26, 2022.
(3) Contract term will be three years.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: September 12,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$
Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID : BANKING-4503
Government Authority located in Mississippi; USA based organization looking for expert vendor for investment consulting services.
[A] Budget: Looking for Proposals
[B] Scope of Service:
(1) Vendor needs to provide investment consulting services to the government authority located in Mississippi.
- Develop and recommend an asset allocation policy for the prepaid affordable college tuition fund. Present this policy to the Board and Treasury staff and review policy on an annual basis or as circumstances in the marketplace dictate.
- Prepare and present quarterly market review that includes current and forecasted market conditions and the effect on the prepaid affordable college tuition investment portfolio.
- Prepare reports reviewing and updating the investment policy of the Fund, including the criteria and objectives as well as the strategies for bonds, stocks, real estate, cash and all other investments that the funds may utilize on an annual basis or as circumstances in the marketplace dictate.
- Provide an annual written review and analysis of portfolio structure for each investment manager as well as the Fund as a whole. In addition, the firm should maintain regular communication with the fund’s investment managers and bring to the attention of the board of directors and the treasury staff any issues of concern or changes of which the board and staff should be aware.
- Maintain a broad database of investment managers including their philosophies, styles, fee schedules, portfolio characteristics, firm characteristics, performance and client base. The information should be available for a wide range of investment manager types including but not limited to equity, bond, international, and options managers, as well as real estate and timber managers.
- Assist in the development of policies, procedures and guidelines for the Fund.
- Provide analysis of and assist in hiring external managers. This service would include assistance in the development of requests for proposals for various mandates and the execution of the overall search process. The contractor cannot bid on the invitation for bids and request for proposals that they develop, or assist in developing.
- Provide education and training to the board and treasury staff on investment topics as requested.
- Attend the meetings of the board of directors where applicable held every other month and at meetings with the treasury staff as required.
- Provide the board and agency with quarterly and annual performance evaluation reports of the Fund’s portfolio managers relative to their respective benchmarks and peer groups, including overall composite returns for the Fund and statistics by asset class and market capitalization.
- Provide customizable performance measurement reporting utilizing user driven criteria (such as by asset class, by portfolio manager). Generate reports and charts to reflect the calculated results.
- Provide quarterly portfolio compliance report with customizable guidelines for testing overall portfolio compliance and individual portfolio manager compliance.
(2) All questions must be submitted no later than August 26, 2022.
(3) Contract term will be three years.
[C] Eligibility:
- Onshore (USA Organization Only);
[D] Work Performance:
NA
Budget :
Deadline to Submit Proposals: September 12,2022
Cost to Download This RFP/RFQ/RFI/Solicitation/Tender/Bid Document : 5 US$