Investment Consulting Services -- 24P-00025
The WCB Injury Fund portfolio has $2.4 billion in assets managed by six investment management firms. The WCB retains the services of a reputable investment custodian which holds the Injury Fund’s assets in trust and contributes to the reporting, compliance, and transaction handling needs of the fund. WCB’s investment managers use both segregated accounts and pooled investment products to facilitate the Injury Fund’s investment goals.
The Injury Fund’s assets are invested according to the Statement of Investment Policy & Goals (SIP&G). The SIP&G was established by the WCB Board Investment Committee with input from management and an investment consulting firm. Approximately 60% of the fund is held under a balanced fund mandate with one manager and the remainder is managed by specialists.
The WCB recently performed an optimization study of its portfolio and is in the process of aligning to the strategic asset allocation recommended in that study. Proponents should be aware that investment manager searches will be an ongoing effort throughout the lifespan of the service contract.
The services required by WCB include ongoing, generalized investment consulting that supports WCB management and the Board Investment Committee. The Successful Proponent will provide advice and recommendations on investment policy and manager search and selection. WCB will also require annual and quarterly monitoring and reporting of its investment managers
There will be a virtual pre-submission meeting using Microsoft Teams regarding this competition on February 25th, 2025, 2:00PM, CST for any interested proponents.
Please email the RFP Contact set out in section 1.2 of the RFP to request an invitation to the online meeting by February 24th, 2025, 4:00PM CST.
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Mar 19, 2025 02:02 PM CST
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Feb 11, 2025 05:00 PM CST
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Mar 18, 2025 02:00 PM CST
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wcbprocurement@wcbsask.com
Saskatchewan Workers' Compensation Board
wcbprocurement@wcbsask.com
Competition Information
Closed
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24P-00025
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Saskatchewan Workers' Compensation Board
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Investment Consulting Services
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Request for Proposal
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No
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The Competition detail was successfully retrieved. Apr 20, 2025 11:09 PM CST