Open competition
Open procedure: the contract was advertised and any supplier could submit a bid.
Key facts
- Buyer
- Ministry of Justice · Ministry or any other national or federal authority, including their regional or local subdivisions
- Supplier
- Charles Stanley & Co. Ltd
- Value
- £50,465
- Procedure
- Open procedure
- Sector
- Financial & insurance services · Banking and investment services (CPV 66100000)
- Region
- London
- Official notice
- 044055-2025 on Find a Tender
- Timeline
-
- Contract date30 Jun 2025
- Published29 Jul 2025Published 29 days after the contract date
Description
Scope of Work The procurement concerns the provision of discretionary investment management services to the Public Trustee. Under this arrangement, the appointed investment manager will make investment decisions on behalf of the Public Trustee, in accordance with policy documents provided during the account setup process. All referred funds must be accepted, regardless of value. The Supplier must: Be authorised under the Financial Services and Markets Act 2000 and experienced in working with trustees, executors, and administrators. Provide services equivalent to those offered to professional trustees, including both discretionary and advisory investment management. Deliver at least two valuations per year per trust, with additional reports on request. Produce annual investment reports detailing transactions, holdings, valuations, and performance, with supporting evidence for each transaction. Maintain nominee arrangements and custody of investments. Manage dividends and facilitate ben…
About the supplier
Charles Stanley & Co. Ltd: every public contract they have won.