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WA Metropolitan Cemeteries Board

Provision of Investment Management Services for the Metropolitan Cemeteries Board

AwardedRequest for Tender

Details

Awarded

Description

The MCB has approximately AUD$72 million in investments, held in multi-sector managed funds. These funds are securely maintained for MCB's growing commitments of:

  • liabilities for customers who have purchased pre-need funeral agreements;
  • ongoing maintenance and expansion of existing cemeteries and memorial parks; and
  • funding for the creation of new cemeteries and memorial parks.

The MCB is seeking submission from licensed, qualified organisations with experience in managing significant assets (AUD $100 billion and above) to provide investment management advice and service to manage its AUD$72 million investment portfolio.

Request type

Request for Tender

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Key details

Source
Tenders WA

Briefings & site visits

No briefings or site visits were listed for this tender.

Awarded suppliers

1

Contract awarded

$4,760,000 awarded to 1 supplier

  • Russell Investments (Russell Investment Management Ltd)

    $4,760,000

    Lv 28, 85 Castlereagh Street, Sydney NSW Australia 2000

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