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TED - Tenders Electronic Daily (Publications Office of the EU) verified 5 days ago Contract award

France - Services de gestion de portefeuilles - APPEL D'OFFRES RESTREINT - MARCHE 2024FRR03 « MANDATS DE GESTION OVERLAY »

Awarded France Financial & insurance services

Buyer Fonds de Réserve pour les Retraites

€4.4B awarded value · €4,400,000,000

Key facts

Published
Procedure
Restricted procedure
  1. Published
  2. Awarded pending

TED - Tenders Electronic Daily (Publications Office of the EU) does not publish the date of this award. See the official notice

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Awarded to

Mercer Global Investments Europe Limited; AXA Investment Managers Paris

Awarded value
€4,400,000,000
Winner's country
Ireland
Record with this buyer
1 first contract from this buyer in the register

Description

Le Marché est alloti et a pour objet la sélection de prestataires de services d'investissement « overlay » pour la gestion des mandats (2 lots) Ce lot porte sur la gestion passive de l'exposition aux risques de change et vise à investir les liquidités nécessaires à cette mission. Plus précisément, le recours à un gestionnaire "overlay" devra permettre au FRR d'atteindre les objectifs suivants : (a) gérer la couverture passive de son risque de change au moyen d'instruments financiers à terme négociés sur les marchés réglementés ou de gré à gré ; et (b) gérer les liquidités attribuées au mandat. Pour les niveaux de capacité minimale, veuillez vous référer au réglement de consultation; Ce lot porte sur la mise en oeuvre des expositions aux classes d'actifs décidées par le Directoire du FRR, la gestion des stratégies optionnelles, la gestion passive de l'exposition aux risques de change, et vise à investir les liquidités nécessaires à ces trois missions. Plus précisément, le recours à un ou plusieurs gestionnaires "overlay" devra permettre au FRR d'atteindre les objectifs suivants : (a) ajuster les expositions à ses classes d'actifs au moyen de contrats financiers à terme négociés sur les marchés réglementés ou de gré à gré ; (b) gérer l'exposition aux classes d'actifs, principalement « actions américaines » et « actions européennes » au moyen de contrats à terme conditionnel négociés sur les marchés réglementés ; (c) gérer la couverture passive de son risque de change au moyen d'instruments financiers à terme négociés sur les marchés réglementés ou de gré à gré ; et (d) gérer les liquidités. Pour les niveaux de capacité minimale, veuillez vous référer au réglement de consultation

Official source

Source: TED - Tenders Electronic Daily (Publications Office of the EU)

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Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 5 days ago

What this buyer has paid before

Based on 3 comparable contracts this buyer awarded in this sector over the last 4 years.

This award
€4.4B
Median award
€800.0M
Middle half of past awards
€600.0M to €2.6B

The award is larger than three in four past awards.

Most recent awards

Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.

Fonds de Réserve pour les Retraites

France

notices in the register
8
awards
3
awarded in total
€5.6B

Recent awards

4 open tenders right now

Market context

open now in Financial & insurance services
3,467
median open notice
€430,387

Who wins in this market

Many suppliers

France · Financial & insurance services

different companies won awards here
1,217
of the awards went to the three most frequent winners
11%
winners of the last 12 months were new here
981 of 1,052
buyers awarded contracts here
1,565

Based on 2,079 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners. New: no award from the same buyer or market in the two years before.

Competition

tenders per lot on average (open and restricted procedures)
1.8
of those lots received a single tender
27%
of the awards went to companies based in another country
1%
of the tenders came from another country
8%

As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.

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Awarded before

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