The current contract for Pension fund management services in Chelmsford is projected to end on 4/5/2017 and may be available for re-tender.The current contract for Pension fund management services in Chelmsford included a framework of unconstrained, long only active global equity managers. The indicative size of the mandates arising from the framework is in the 200 GBP – 300 000 000 GBP range. Guidance on the performance target for the mandates is +2.5 % to +4 % in excess of the benchmark MSCI all countries world index on a rolling 3 – 5 year basis. Both segregated and pooled fund solutions will be considered. Single or multiple mandates may be awarded concurrently or consecutively within the expected framework life of 4 years. The Council reserves the right to vary the size of the mandates awarded.