Investment Management Services

The government authority in St. Louis, Missouri, is seeking proposals for professional investment management services. The selected Asset Manager will collaborate with the agency to prudently optimize investment returns while preserving capital. Responsibilities include providing a firm's specific investment philosophy and portfolio management strategies, offering advisory services, executing investments, and supplying appropriate trade documentation for all or part of the agency's excess operational cash, as well as managing bond proceeds from stand-alone bond issues when required.

Asset Managers must certify in writing that they will not receive any indirect compensation from managing the agency's funds. Firms are expected to outline their trading processes and, if managing bond proceeds, demonstrate a clear strategy for recapturing negative arbitrage. Regular ad hoc and standardized reporting on performance, transactions, and market data—preferably delivered electronically—is required. The engagement period will last for one year.