Tender Opportunity

Tender Opportunity

Agency: Adelaide Symphony Orchestra

Category: 80100000 – Management advisory services

Close Date & Time: 14 October 2020 5pm Adelaide Time

Publish Date: 18 September 2020

Location: Adelaide, Australia

ATM Type: Invitation for tender to manage investment portfolio

The Adelaide Symphony Orchestra (ASO) holds a $12M investment portfolio invested in both defensive and growth asset classes.

The portfolio primarily acts as a capital reserve for the Company for short term operational liquidity requirements, funding shortfalls, an ongoing income stream, to provide capital reserves for unforeseen operational deficits, to maintain the purchasing power of the capital base in real terms and to maintain its requirement to meet liquidity ratios (as per Australia Council for the Arts).

The ASO is looking to engage an Investment Management company to actively manage $6M of this total portfolio in International and Australian equities as well as other broad asset classes.

The board has a Total Return Target of CPI plus 3.5% over a rolling 3 year period.

Further tender information including a “Request for Proposal” document is available on request by email to Shelley Woodward, ASO Company Secretary, WoodwardS@aso.com.au


Showcase Series

Ben Folds: The Symphonic Tour

Thebarton Theatre

Fri 5 Feb & Sat 6 Feb 2021

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Ben Folds: The Symphonic Tour

Symphony Series

Joyous Reminiscence – Symphony Series 1

Festival Theatre

Fri 12 Feb & Sat 13 Feb 2021

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Joyous Reminiscence – Symphony Series 1

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Teacher Symposium

2021 Teacher Symposium

Thebarton Community Centre

Sat 13 Mar 2021

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2021 Teacher Symposium

See Learning Program

Recording courtesy of ABC Classic

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