Global Tenders Services Pvt. Ltd

Expression of Interest (EOI) for Investment Advisory Consultancy Services: Govt. of Pakistan

News   •   Dec 26, 2015 10:00 IST

The Federal Employees Benevolent Fund and Group Insurance, an Establishment Division of the government of Pakistan has issued an invitation for Expression of Interest (EOI) from Professional Investment Advisory Companies. Tendersontime, a leading business information provider is the first agency to report this development.

The objective of the consultancy is to evaluate the existing portfolios with current policies and strategies. It will also include evaluating the investment policies every quarter; compare the results with reference to benchmark indices. The consultancy will also have to undertake specific case analysis referred by the client and evaluate the periodic liability arising out of the sanction of monthly grants.

Tendersontime correspondent further informed that the Investment Advisory Company should have requisite license from the SECP or other regulatory body to provide Investment Advisory Services. They should have track record of at least 5 years in managing Mutual Funds and Discretionary & Non-Discretionary Portfolios. They should also have an in house research team to conduct research on equities, debt securities and fixed income securities. Further, the Advisory should have the latest Investment Advisory/Asset Management Quality Rating from the SECP approved rating agencies and should not be more than a year old. The firm can outsource services for which it does not have the requisite mandate, at its own expense though and should not have been black listed by any forum.

The advisory will have to submit necessary details with adequate proof mentioned in the EOI and should be valid for a minimum period of 90 days. An agreement in line with the FEB & GIF purchase procedures will have to be executed by the successful bidders. The Technical & Finance proposals should be submitted in different sealed covers, both of these inserted in one sealed envelope and sent to the office in Islamabad. The date for the opening of financial proposals will be intimated to bidders who have successfully met with the qualification criteria. The bidders will have to purchase the bid documents from the office of the Assistant director for their offers to be considered.

The technical assessment will be based on experience in similar projects. Advisory firms associated with renowned Investment Houses, having qualified and competent human capital, technical approach and effective presentation will stand to benefit.

The duration of the Contract will be initially for one year and can be extended for a further period of one year upon satisfactory performance and mutual consent.

The dead line for the submission of the EOI is at 12.30 pm on 11-1-2016, and the technical proposal will be opened on the same day at 12.45 pm in presence of the bidders who may be present.

Tendersontime, the world’s largest aggregator of Tenders and Projects information, would like to inform all interested Investment Consultancy and Advisory firms, joint ventures and companies participating in investment consultancy projects to use this opportunity and expand their business.

For more details please contact: info@tendersontime.com or register on the website: http://www.tendersontime.com/register.php

Global Tenders Services Pvt. Ltd

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