Passive Investment Management Services

The government authority located in Banff, AB requires passive investment management services for its portfolio. The buyer seeks a firm with substantial experience managing passive institutional portfolios for foundations, endowments, universities, pension plans, and other large institutional investors. The requested scope includes investment management, robust governance, reporting capabilities, and dedicated support for long-term institutional clients. Vendors will perform all work offsite. To qualify, eligible bidders must be onshore Canadian organizations. The buyer is looking for proposals to establish the budget and has not disclosed specific evaluation criteria. Prospective bidders must submit all questions no later than October 1, 2026.