RFP for External Managers of the Foreign Reserves

Bogotá, Colombia
Friday, 18 May 2018 - 11:45pm


Since 1994 Banco de la República has been successfully running an External Management Program. The main objectives of the program are to: a) enhance the performance of Colombia's Foreign Reserves Investment Portfolio; b) provide training and transfer knowledge to the Bank's staff; and c) support the Bank's research efforts and the management of the reserves where needed. The Board of Directors of the Bank has approved a selection process for a new external asset manager specializing in short-duration fixed income portfolios.


In order to participate in this selection process, interested firms should answer the attached questionnaire. To satisfy the minimum eligibility criteria the Candidate must meet each of the following: (1) at least US$50 billion in fixed income assets under management across the Candidate's asset management business unit/division as of December 31, 2017, (2) minimum experience of 10 years in fixed income management for institutional investors across the Candidate's asset management business unit/division as of December 31, 2017 and (3) at least US$14 billion in fixed income assets under management as of December 31, 2017 by the legal entity that will, if its Proposal is selected, enter into an investment management agreement with the Bank and be responsible for the performance of all obligations under such Agreement (the "Responsible Party"). 

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Contenido disponible en / Available in:

  • Español
  • English

Exención de responsabilidad: las opiniones de los expositores son de su exclusiva responsabilidad, por tanto, no representan las opiniones del Banco de la República ni las de su Junta Directiva, como tampoco las de las instituciones para las que laboran, a menos que se especifique los contrario. Para mayor información consulte nuestro Aviso legal

This content has been translated into English for informational purposes. Upon any query regarding its interpretation or enforceability, the Spanish version shall be deemed official, and will prevail over the English version. The authors of specific texts such as working papers or articles select the language of publication; therefore, there might be cases in which the content may only be available in English.