Cardiff and Vale local health board charity has a requirement for investment management services. The charity is seeking innovative responses to deliver investment services commensurate with the responsibilities of NHS charities.

The charity seeks to maximise the total return on funds held and the charity seeks to adopt a conservative policy on risk and previously has adopted a flexible structure in respect of asset class distribution. In terms of the current portfolio, the local health board’s investments had a market value of GBP 5 498 billion as at March 2020 and the portfolio is broken down over various sectors as detailed in the tender documents.

The charity requires the successful supplier to manage the funds on behalf of the charity in accordance with the required charity Commission and other legal requirements placed on NHS charities.c