Germany – Financial and insurance services – Vermögensverwaltungsmandat: Anleihenmandat mit kurzer Duration

The state of Saxony-Anhalt has invested EUR 4,0 billion through its own investment architecture in two special funds initiated by the state. The investment universe is broadly diversified across global equity and bond markets. There is a special fund for funds with a short-term investment horizon (Elbe Fund) and a fund for funds with a long-term investment horizon (Brocken Fund). The Elbe Fund consists of a segment managed by a specialized asset manager. The investment management company is Universal Investment GmbH and the custodian is BNP Paribas Securities Services S.C.A. The Ministry of Finance of the state of Saxony-Anhalt is the representative of the investors of the special AIF. Currently, 13 different assets of the state are invested in the Elbe Fund. The largest investor is the special asset "Remediation of Historical Contamination in the state of Saxony-Anhalt". The funds of the special asset "Remediation" are used to finance already identified remediation projects of the state of Saxony-Anhalt. The award is not made in lots. In general, and if a company is able to offer several strategies for the mandate, only one strategy should be offered, which is the strategy that is most suitable in view of the investment guidelines and the investment policy of the contract. For the detailed scope of services, reference is made to the annex "Draft Investment Guidelines.pdf". The contract documents with the associated annexes and the questionnaires for the tender evaluation will only be made available in the tender phase.