FDC's Board of Directors approved during the month of January 2023 the launch of a new request for proposal regarding the attribution of several portfolio management mandates on behalf of FDC's SICAV. More precisely, the given request for proposal relates to the reassignment of four existing mandates and the awarding of one new mandate, namely:

• Lot 1: “Emerging Market Bonds, Sustainable Approach, Active” relates to an emerging markets bonds mandate to be actively managed, including a sustainable approach, with an indicative amount of assets of EUR 250 million.
• Lot 2: “Emerging Market Bonds, Indexed” relates to an emerging markets bonds mandate to be passively managed with an indicative amount of assets of EUR 250 million.
• Lot 3: “Global Equities Small Cap, Sustainable Approach, Active” relates to a global small cap equities mandate to be actively managed, including a sustainable approach, with an indicative amount of assets of EUR 500 million.
• Lot 4: “Global Equities Small Cap, Indexed" relates to a global small cap equities mandate to be passively managed with an indicative amount of assets of EUR 500 million.
• Lot 5: “Global Bonds (hedged), Paris Aligned, Indexed” relates to a new global bonds mandate to be passively managed and hedged against currency risk. Also, the mandate must be aligned with the Paris Agreement goal of limiting global warming to well below 2°C, preferably to 1.5°C, with an indicative amount of assets of EUR 500 million.

The contract notice of the given request for proposal has been published at the Portail des marchés publics du Grand-Duché de Luxembourg on 3 February 2023. The publication within the Supplement to the Official Journal of the European Union has been done on 6 February 2023.

The tender documents, including the Tendering and Procedure Guidelines, can be downloaded via mentioned portal by clicking here.

The Tendering and Procedure Guidelines are also available for download at the below "For more information" sub-section.