Transition Management Services for Merseyside Pension Fund.

Descriptions

Over the next 4 years, the Fund will be reviewing various aspects of its investment arrangements, and as a result, expects to potentially make changes to its strategic asset allocation, and also potentially its stable of investment managers. In order to implement this in a timely and orderly fashion, and with a view to containing costs, the Fund wishes to be able to engage specialist transition managers. It is envisioned that such institutions will be of good standing, with proven capability and able to demonstrate ability to work well with the Fund. Once the Framework Agreement is in place, the Council will conduct a mini-competition exercise between providers whenever it requires transition management services.The Fund invests in a diverse range of assets and with a number of diverse investment managers and therefore different transition managers may be suited for different situations.For further details of the investment arrangements of Merseyside Pension Fund, please visit our website where the current Statement of Investment Principles and latest published Report & Accounts may be found:http://mpfmembers.org.uk/investments