The object of the tender is to select an Investment Manager to manage LD Pensions’ assets within Systematic High Yield Bonds. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed with KLD.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreements).
The size of the mandate covered by this contract notice are indicative due to LD Pensions’ inability to determine the volume in advance. The value of the contracts is therefore LD Pensions’ best estimate.
Deadline
Fristen for modtagelse af bud var på 2021-09-15.
Indkøbet blev offentliggjort på 2021-08-11.
Leverandører
Følgende leverandører er nævnt i tildelingsbeslutninger eller andre indkøbsdokumenter:
Objekt Omfanget af udbuddet
Titel:
“LD Pensions’ tender for an Agreement concerning Investment Management of systematic High Yield Bonds for Kapitalforeningen LD”
Produkter/tjenester: Porteføljeforvaltning📦
Kort beskrivelse:
“The object of the tender is to select an Investment Manager to manage LD Pensions’ assets within Systematic High Yield Bonds. LD Pensions is acting on...”
Kort beskrivelse
The object of the tender is to select an Investment Manager to manage LD Pensions’ assets within Systematic High Yield Bonds. LD Pensions is acting on behalf of its fully owned subsidiary Kapitalforeningen LD (KLD). The contract will be signed with KLD.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreements).
The size of the mandate covered by this contract notice are indicative due to LD Pensions’ inability to determine the volume in advance. The value of the contracts is therefore LD Pensions’ best estimate.
1️⃣
Yderligere produkter/tjenester: Porteføljeforvaltning📦
Sted for udførelsen: Danmark🏙️
Beskrivelse af udbuddet:
“LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the...”
Beskrivelse af udbuddet
LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the mandate is DKK 1.750 million, approx. EUR 170 million; however this is strictly indicative due to the inability to determine the precise volume in advance.
The Product/mandate in the Agreement invests in High Yield Bonds including securities that meet benchmark inclusion criteria for either Bloomberg Barclays US High Index or ICE BofA Developed High Yield index. The investment strategy is a long-only, systematic quant driven high yield strategy. The manager will utilize one or more factors to drive allocation in the portfolio. Important strategy aspects are implementation, diversification, and efficient factor capture.
The objective for the mandate is to deliver a minimum benchmark return after fees and transaction costs over a full market cycle.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreement).
All minimum criteria are listed in Appendix 5a Questionnaire.
Vis mere Kriterier for tildeling
Prisen er ikke det eneste tildelingskriterium, og alle kriterier er kun anført i udbudsdokumenterne
Omfanget af udbuddet
Anslået samlet værdi ekskl. moms: EUR 4 200 000 💰
Kontraktens, rammeaftalens eller det dynamiske indkøbssystems varighed
Nedenstående tidsramme er udtrykt i antal måneder.
Beskrivelse
Varighed: 48
Kontraktens, rammeaftalens eller det dynamiske indkøbssystems varighed
Denne kontrakt kan forlænges ✅ Beskrivelse
Beskrivelse af fornyelser: The contract can be renewed by 12 months, up to three times.
Juridiske, økonomiske, finansielle og tekniske oplysninger Betingelser for deltagelse
Liste og kortfattet beskrivelse af betingelserne:
“The Tenderer is eligible to provide investment management services within the EU.”
Betingelser for deltagelse (tekniske og faglige kvalifikationer):
“The Tenderer has experience with managing segregated systematic, high yield bonds mandates with efficient risk premium factor capture. The required...”
Betingelser for deltagelse (tekniske og faglige kvalifikationer)
The Tenderer has experience with managing segregated systematic, high yield bonds mandates with efficient risk premium factor capture. The required experience can have been obtained by having one track record/reference for a mandate that fulfills the requirements below:
- The Tenderer has a track record for a mandate for a Systematic High Yield Bond strategy of at least 36 months as of end of May 2021.
- The mandate followed a systematic quantitatively driven approach.
- The track record is neither a backtest nor a carve-out.
The Tenderer can document its technical and professional ability by filling out Appendix 5a Questionnaire.
Please be aware that there are other minimum requirements in Appendix 5a Questionnaire that concerns the performance of the contract for LD Pensions.
Procedure Type af procedure
Åben procedure
Administrative oplysninger
Frist for modtagelse af bud eller ansøgninger om deltagelse: 2021-09-15
23:00 📅
Sprog, på hvilke bud eller ansøgninger om deltagelse kan indgives: engelsk 🗣️
Nedenstående tidsramme er udtrykt i antal måneder.
Minimumsfrist, inden for hvilken tilbudsgiveren skal opretholde tilbuddet: 6
Betingelser for åbning af buddene: 2021-09-15
23:00 📅
Supplerende oplysninger Yderligere oplysninger
“Both mandatory and voluntary grounds for exclusion apply in this tender procedure, cf. section 135-137 of the Danish Public Procurement Act.” Gennemgå organ
Navn: Klagenævnet for Udbud
Postadresse: Nævnenes Hus, Toldboden 2
Postby: Viborg
Postnummer: 8800
Land: Danmark 🇩🇰
Telefon: +45 35291000📞
E-mail: klfu@naevneneshus.dk📧
URL: https://naevneneshus.dk/start-din-klage/klagenaevnet-for-udbud/🌏 Gennemgangsprocedure
Præcise oplysninger om fristerne for gennemgangsprocedurer:
“In accordance with Act No 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following:
Complaints about the...”
Præcise oplysninger om fristerne for gennemgangsprocedurer
In accordance with Act No 953 2.6.2016 (Lov om klagenævnet for Udbud m.v.), the deadlines for submitting a complaint are the following:
Complaints about the award procedure must be lodged with the Danish Complaints Board for Public Procurement before the expiry of:
45 calendar days after the contracting authority has published a notice in the official Journal of the European Union (with effect form the day following the publication date);
The complainant must inform the contracting authority of the complaint in writing and not later than simultaneously with the lodging of the complaint to the Danish Board of Public Procurement. The complaint must state whether the complaint was lodged in the stand still period. If the complaint has not been lodged in the stand still period, the complaint must also state whether the complaint is requested to be given suspensive effect.
Vis mere Tjeneste, hvorfra der kan indhentes oplysninger om klageproceduren
Navn: Konkurrence- og Forbrugerstyrelsen
Postadresse: Carl Jacobsens Vej 35
Postby: Valby
Postnummer: 2500
Land: Danmark 🇩🇰
Telefon: +45 41715000📞
E-mail: kfst@kfst.dk📧
URL: http://www.kfst.dk🌏
Kilde: OJS 2021/S 157-416398 (2021-08-11)
Supplerende oplysninger (2021-08-17)
Supplerende oplysninger Oprindelig reference til meddelelsen
Meddelelsesnummer i EUT S: 2021/S 157-416398
Ændringer Tekst, der skal berigtiges i den oprindelige meddelelse
Afsnittets nummer: II.2.4)
Gammel værdi
Tekst:
“LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the...”
Tekst
LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the mandate is DKK 1.750 million, approx. EUR 170 million; however this is strictly indicative due to the inability to determine the precise volume in advance.
The Product/mandate in the Agreement invests in High Yield Bonds including securities that meet benchmark inclusion criteria for either Bloomberg Barclays US High Index or ICE BofA Developed High Yield index. The investment strategy is a long-only, systematic quant driven high yield strategy. The manager will utilize one or more factors to drive allocation in the portfolio. Important strategy aspects are implementation, diversification, and efficient factor capture.
The objective for the mandate is to deliver a minimum benchmark return after fees and transaction costs over a full market cycle.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreement).
All minimum criteria are listed in Appendix 5a Questionnaire.
Vis mere Ny værdi
Tekst:
“LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the...”
Tekst
LD Pensions is selecting one Investment Manager to provide investment management services for Systematic High Yield Bond strategy. Expected size for the mandate is DKK 1.750 million, approx. EUR 235 million; however this is strictly indicative due to the inability to determine the precise volume in advance.
The Product/mandate in the Agreement invests in High Yield Bonds including securities that meet benchmark inclusion criteria for either Bloomberg Barclays US High Index or ICE BofA Developed High Yield index. The investment strategy is a long-only, systematic quant driven high yield strategy. The manager will utilize one or more factors to drive allocation in the portfolio. Important strategy aspects are implementation, diversification, and efficient factor capture.
The objective for the mandate is to deliver a minimum benchmark return after fees and transaction costs over a full market cycle.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreement).
All minimum criteria are listed in Appendix 5a Questionnaire.
Vis mere
Kilde: OJS 2021/S 161-425032 (2021-08-17)
Bekendtgørelse om indgåede kontrakter (2023-01-05) Ordregivende myndighed Navn og adresser
Navn: Lønmodtagernes Dyrtidsfond
Kontaktperson: Claus Buchwald Cristjansen
E-mail: investeringsafdeling@ld.dk📧
Region: Hovedstaden🏙️
URL: www.ld.dk🌏
Objekt Omfanget af udbuddet
Titel:
“LD Pensions’ tender for an Agreement concerning Investment Management of systematicHigh Yield Bonds for Kapitalforeningen LD”
Samlet værdi af indkøbsaftalen (ekskl. moms): EUR 3 900 000 💰
Beskrivelse
Beskrivelse af udbuddet:
“LD Pensions is selecting one Investment Manager to provide investment managementservices for Systematic High Yield Bond strategy. Expected size for the...”
Beskrivelse af udbuddet
LD Pensions is selecting one Investment Manager to provide investment managementservices for Systematic High Yield Bond strategy. Expected size for the mandate is DKK1.750 million, approx. EUR 170 million; however this is strictly indicative due to the inability to determine the precise volume in advance.
The Product/mandate in the Agreement invests in High Yield Bonds including securities that meet benchmark inclusion criteria for either Bloomberg Barclays US High Index or ICE BofA Developed High Yield index. The investment strategy is a long-only, systematic quant driven high yield strategy. The manager will utilize one or more factors to drive allocation in the portfolio. Important strategy aspects are implementation, diversification, and efficient factor capture.
The objective for the mandate is to deliver a minimum benchmark return after fees and transaction costs over a full market cycle.
A more detailed description of the characteristics of the mandate can be found in the Investment Guidelines (Investment Guidelines can be found in Schedule 1 of the Agreement).
All minimum criteria are listed in Appendix 5a Questionnaire.
Vis mere Kriterier for tildeling
Kvalitetskriterium (navn): Quality of Service
Kvalitetskriterium (vægtning): 90
Pris (justeringskoefficient): 10
Procedure Administrative oplysninger
Tidligere offentliggørelse vedrørende denne procedure: 2021/S 157-416398
Tildeling af kontrakt
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Dato for indgåelse af kontrakten: 2022-10-07 📅
Oplysninger om udbud
Antal modtagne bud: 10
Antal modtagne bud fra SMV'er: 1
Antal modtagne bud fra tilbudsgivere fra andre EU-medlemsstater: 6
Antal modtagne bud fra bydende fra lande uden for EU: 4
Antal bud, der er modtaget ad elektronisk vej: 10
Navn og adresse på kontrahenten
Navn: Insight Investment Management (Europe) Limited
Postadresse: Riverside 2, Sir John Rogerson's Quay
Postby: Dublin
Postnummer: DO2 KV60
Land: Irland 🇮🇪
Region: Éire/Ireland 🏙️
Entreprenøren er en SMV
Oplysninger om kontraktens/parcellens værdi (ekskl. moms)
Kontraktens/parcellens samlede værdi: EUR 3 900 000 💰