Tenders/Procurement of asset management services for the Rovaniemi Villages Foundation

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Procurement of asset management services for the Rovaniemi Villages Foundation

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Original title: Rovaniemen kylien kehittämissäätiön varainhoitopalveluiden hankinta

Rovaniemen kylien kehittämissäätiö sr

Published: Aug 16, 2026

Updated: Sep 4, 2026

Source: hilma_fi

This tender has been awarded

Awarded to Nordea Bank Oyj (2858394-9)//Evli Oyj (3239286-2)//Aktia Pankki Oyj (2181702-8)

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About This Opportunity

This is a services contract in the finance and banking sector, with a focus on Investment. Located in Finland, Europe, this opportunity is open to firms and consortiums, with an estimated budget of EUR 460,000.

Published through Hilma Finland, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the finance and banking sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

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The Rovaniemi Villages Foundation (hereinafter "the Contracting Entity") invites tenders for asset management services under a contract of indefinite duration. The procurement is divided into two sub-areas: - Sub-area 1 Equity and fixed income investments - Sub-area 2 Alternative investments Asset management for equity and fixed income investments will be carried out at the time of contract signing as approximately 80% discretionary asset management and 20% advisory asset management. For alternative investments, it is an advisory contract. The services also include the custody of securities in the managed portfolio in accordance with the tender documents. The subject of the procurement is described in more detail in the tender request and its appendices., Sub-area 1 Equity and fixed income investments The Rovaniemi Villages Foundation has decided to procure a total of approximately EUR 18.4 million in equity and fixed income investments, so that in the future, investment assets for equity and fixed income investments will be managed by 2 asset managers. For sub-area 1, this is a tender competition to select a total of two (2) service-providing asset managers for sub-area 1. Asset management for equity and fixed income investments will be carried out at the time of contract signing as approximately 80% discretionary asset management and 20% advisory asset management, which also includes the custody of securities in the managed portfolio. The subject of the procurement is described in more detail in the tender request and its appendices., Sub-area 2 Alternative investments The Rovaniemi Villages Foundation has decided to procure approximately EUR 4.6 million in assets, so that in the future, investment assets for alternative investments will be managed by (1) asset manager. For sub-area 2, this is a tender competition to select one (1) service-providing asset manager for sub-area 2. This is an advisory contract, which also includes the custody of securities in the managed portfolio. The subject of the procurement is described in more detail in the tender request and its appendices.

Data provenance

This notice is sourced from Hilma Finland and was originally published on August 16, 2026. Last refreshed 5 days ago. Original language: fi. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Rovaniemen kylien kehittämissäätiö sr

Rovaniemen kylien kehittämissäätiö sr has issued 4 procurement notices on BidsFactory, including 0 currently open and 2 awarded contracts. Activity concentrates in Finance & Banking and General Supplies & Services. All notices are published for Finland. Notices are distributed via TED - Tenders Electronic Daily (EU) and Hilma Finland. Most recent publication: August 17, 2026.

Frequently asked questions about this tender

What is the estimated budget?

The estimated contract value is Up to €460,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

Where will the contract be performed?

The contract is for delivery in Finland. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit Hilma Finland to access the full notice, required documents, and submission instructions provided by the contracting authority.

Is this tender still open?

No — the contract has already been awarded to Nordea Bank Oyj (2858394-9)//Evli Oyj (3239286-2)//Aktia Pankki Oyj (2181702-8). The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Rovaniemen kylien kehittämissäätiö sr in Finland. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.