Contract for the provision of Investment Consultancy Services for the Staffordshire Pension Fund

The Investment Consultancy provider will be required to provide investment consultancy services to the Staffordshire Pension Fund as set out in the framework tender documents. These are:

Proven experience to be able to provide strategic asset allocation advice to an LGPS Fund, this will include: -

• Review of the Fund's investment strategy and investment management structure
• Advise on a cost-efficient implementation of the Fund's investment strategy, taking into account the local government pooling agenda
• Advise on an investment strategy that reflects the Fund's ongoing cashflow position
• Advising on the Investment Strategy Statement
• Advising on alternative investments
• Advise and develop the Fund's policies with regard to Responsible Investment
• Advising on the investment market (at a strategic, individual manager and strategy level) based upon the application of current market intelligence.

It is essential that the investment consultant is able to: -

• Work with the Fund's actuary to ensure that all investment matters are considered in the light of the Fund's liabilities.
• Perform strategic asset liability modelling and model the total fund risk
• Advise on appropriate risk management strategies
• Advise on rebalancing and tactical asset allocation
• Assist the Pensions Panel in facilitating a governance environment in which the Fund's resources (Elected Members time, in house team time and money) are devoted in accordance with the relative importance of the decisions being taken.
• Provide a quarterly report covering the outlook for economies and asset classes invested in by the fund and under consideration for investment.
• Monitoring and reporting of investment managers and producing quarterly based reports based on data provided by the measuring company
• Attendance at meetings as required