RESPONSE TO INVESTMENT CONSULTING BID QUERIES
1. Question:
“I was not given an attendance certificate for the compulsory briefing session on Friday. Were
they issued out or just signing the register is enough proof of attendance?”
Answer:
The GEPF did not issue attendance certificates. The signing of the attendance register served
as proof of attendance.
2. Question
“Please can you clarify whether as part of the investment consulting services, the GEPF
would require the following?
1. Research/input into manager selection (locally and globally)
2. Any systems required for manager research and the middle office function?”
Answer:
1. The appointed investment consultant will not be required to provide research/input into
manager selection nor to provide systems for manager research. The manager research
and selection function is currently outsourced to the PIC.
2. The GEPF will not require systems for the middle office function from the appointed
investment consultant but may require the appointed investment consultant to recommend
a suitable system for the middle office function which will assist in ensuring data integrity,
monitoring of specific investment related risks throughout the investment life cycle
processes, and producing reports on the financial performance of GEPF’s assets.