LD Pensions’ Tender for an Agreement Concerning Global High Conviction Equities
Published deadline passed
The published deadline has passed. For multi-stage competitions a later tender deadline may still apply — check the notice or portal for the current phase.
- Qualification deadline
- Apr 14, 2020Expired
- Procedure
- With prequalificationTwo stages
Brief
The object of the tender is to select an investment manager to manage LD Pensions’ assets within global developed markets high conviction equities. The investment approach must be long term, fundamental stock picking based on a deep understanding of companies in the portfolio and the investment universe. The intention is to generate alpha, adjusted for academically tested factors such as value, size, momentum, low-volatility and quality. The mandate is long only. The size of the mandate covered by this contract notice is indicative due to LD Pensions’ inability to determine the volume in advance. The value of the contract is therefore LD Pensions’ best estimate.
Bank- og finansformidlingstjenester
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Qualification requirements
Description
Company assets under management in global high conviction equity products (global developed + global all-countries products combined, not including regional or country products) as of 31 December 2019 was above USD 1.5 billion or EUR 1.3 billion.
Documentation Requirement
When submitting the application for pre-qualification, authorized signatories of the applicant must solemnly declare that the replies concerning fulfillment of the minimum requirements are correct and truthful.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
Institutional assets under management (company-wide) as a % of total assets under management (company-wide), as of 31 December 2019, was above 50 %.
Documentation Requirement
When submitting the application for pre-qualification, authorized signatories of the applicant must solemnly declare that the replies concerning fulfillment of the minimum requirements are correct and truthful.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
Number of segregated accounts (company-wide), with assets under management above USD 30.0 million or EUR 27.8 million, as of 31 December 2019, was 2 or above.
Documentation Requirement
When submitting the application for pre-qualification, authorized signatories of the applicant must solemnly declare that the replies concerning fulfillment of the minimum requirements are correct and truthful.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
Positive shareholders equity as of 31 December 2019.
Documentation Requirement
When submitting the application for pre-qualification, authorized signatories of the applicant must solemnly declare that the replies concerning fulfillment of the minimum requirements are correct and truthful.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
Average net income after tax for the calendar years 2017, 2018 and 2019 above 0 or A ratio of [shareholders equity as of year-end 2019] to [the absolute value of the most negative yearly net income after tax for the calendar years 2017, 2018 and 2019] of at least 5.0x.
Documentation Requirement
When submitting the application for pre-qualification, authorized signatories of the applicant must solemnly declare that the replies concerning fulfillment of the minimum requirements are correct and truthful.
Source
No source found in the documents. Check the requirement against the tender documents.
Description
Each applicant is required to submit one relevant reference. A reference is a description of a current or recent client mandate, which is relevant to, and demonstrates the applicant’s ability to fulfil, the requirements of this global developed markets high conviction equities tender. The reference clients’ track record must be included in the applicant’s composite for the global developed markets high conviction strategy, in its entirety (since 2014 or inception if later), the applicant must have at least a 5 year composite for the strategy as of 31 December 2019, and the track record must represent current capabilities and strategy.
Documentation Requirement
Not specified.
Source
No source found in the documents. Check the requirement against the tender documents.
Previous winners
Who are you up against?
The suppliers who have won similar contracts at Lønmodtagernes Dyrtidsfond
From the notice
The object of the tender is to select an investment manager to manage LD Pensions’ assets within global developed markets high conviction equities. The investment approach must be long term, fundamental stock picking based on a deep understanding of companies in the portfolio and the investment universe. The intention is to generate alpha, adjusted for academically tested factors such as value, size, momentum, low-volatility and quality. The mandate is long only. The size of the mandate covered by this contract notice is indicative due to LD Pensions’ inability to determine the volume in advance. The value of the contract is therefore LD Pensions’ best estimate.
Contact
Kristoffer Fabricius Birchkfb@ld.dk- Competition · PrequalificationType
- 66140000Main codePortfolio management services