Procurement Summary
Country : Zimbabwe
Summary : Expression Of Interest For The Provision Of Investment Management Services
Deadline : 22 Apr 2025
Other Information
Notice Type : Tender
TOT Ref.No.: 116833081
Document Ref. No. : TIMB/IM/015/2025
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
· Allocate and establish new portfolios, including the placement of new assets with reference to the TIMB investment policy. · Perform security selection and make appropriate investment decisions. · Assist in developing investment strategies, providing management with advice, information, and recommendations. · Receive investment funds on behalf of TIMB, which may include, but are not limited to, contributions, interest payments, dividends, asset realizations, and lump sum payments to TIMB. · Acquire, hold, and dispose of assets for the benefit of TIMB. · Collect and manage dividends, rights, interest, and similar items related to assets held for TIMB. · Handle legal matters related to the administration of TIMB-s assets, including attending meetings and exercising voting rights on TIMB-s behalf. · Safeguard and manage scrip on behalf of TIMB, either in custody or by arranging for a custodian. Maintain an up-to-date register of all scrip, available to TIMB upon request. · Ensure appropriate documentation is sent to the custodian as needed. · Maintain comprehensive accounts and records, providing monthly portfolio statements within three working days after TIMB-s monthly closing dates. In addition to the monthly reports, provide quarterly reports that include fund position, activity, performance evaluation, market overview, outlook, and investment strategy. Quarterly reports should be issued by the 7th of the following month, with meetings held to discuss performance ...
Documents
Tender Notice
1742990890_INVESTMENT_MANAGEMENT_SBD.pdf