Provision of Investment Management Services for the Metropolitan Cemeteries Board
Tender ID: 458403
Tender Details
Tender 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.