GESB20002 - Asset Consulting Services

The Government Employees Superannuation Board (GESB) is a Western Australian (WA) Government Statutory Authority and administers the superannuation and retirement savings of current and former WA public sector workers.

GESB’s purpose is to look after our members’ superannuation with excellence. GESB’s governing legislation, the State Superannuation Act 2000 requires GESB to act, as far as is practicable, in the best interests of members while performing its functions.

GESB’s $32 billion portfolio (as at 30 November 2020) is predominantly managed by external investment managers. Each manager is required to invest the assets it manages in accordance with the Treasurer’s Prudential Guidelines for Investments (the Guidelines) and their mandate guidelines. Some term deposits are managed directly by GESB also in accordance with the Guidelines.

Through this Request, GESB is seeking to appoint suitably qualified asset consultant/s to provide:

• Tailored investment advice to help the Government Employees Superannuation Fund’s (the Fund) meet its investment objectives;
• Insights on financial market opportunities and risks; and
• Monitoring and assessment of incumbent and prospective external investment managers.

See Schedule 2 – Specification / Statement of Requirements for further information.