Sections

Derbyshire re-appoints Mercer

UK -The £970m (€1.52bn) Derbyshire County Council Pension Fund has re-appointed Mercer Human Resource Consulting as its actuary.

The three-year contract went to the "most economically advantageous tender", the county in northwest England said.

It reached the decision with commercial criteria weighing 50%, qualification and experience 20% and delivery to agreed timescales as well as price both weighing 12.5% each.

The initial estimated total value of the contract is £150,000 excluding VAT.

Under the regulations for Local Government Pension Schemes (LGPS), an actuarial valuation of the fund is required every three years. The next one is due at the end of this week.

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2444

    Asset class: Trade Finance.
    Asset region: Global.
    Size: USD 10m.
    Closing date: 2018-06-25.

  • QN-2452

    Asset class: Hard Currency.
    Asset region: Emerging markets.
    Size: USD 300 mil..
    Closing date: 2018-06-22.

Begin Your Search Here