Shaw Capital Working Management News Worldwide: Pension funds flock to investment
comfort zone
http://www.
efinancialnews.
com/story/2011-04-04/pensions-flock-to-comfort-zone
Fiduciary management, where a pension scheme hands significant influence over its...
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Shaw Capital Working Management News Worldwide: Pension funds flock to investment
comfort zone
http://www.
efinancialnews.
com/story/2011-04-04/pensions-flock-to-comfort-zone
Fiduciary management, where a pension scheme hands significant influence over its
investment decisions to someone else, has grown exponentially since the financial crisis.
Asset managers, consultants and pension scheme managers agree that the crisis – and the
losses that tipped previously solvent pension schemes deep into deficit – has shocked
institutional investors into seeking much more from their investment advisers – although they
realise they cannot delegate their responsibilities entirely, a change in aspirations compared
with 10 years ago.
The recent appointment of Axa Investment Managers as fiduciary manager of the €2.
5bn Ahold
pension scheme is likely to be one of the largest mandates in the entire asset management
industry this year, but it is only one of many fiduciary management mandates being awar
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