UK - Russell Investment Group has sought feedback on how the T Standard measure could be improved.
The T Standard was first introduced in 2003 and was designed to offer clients a single universal formula to calculate the differences between new and old portfolios during a transition.
Throughout the development of the original T Standard, Russell sought feedback from industry participants on how the measure might be further improved.
During the current update, Russell said the feedback process would be no different.
Natalie Pilcher, director of implementation services in the EMEA region for Russell, explained: “The T Standard has achieved broad industry acceptance and helped amplify transparency and disclosure in an area of the industry with no previous universal standard. However, with an array of new opportunity sets, portfolios today are increasingly complex. To ensure the T Standard remains relevant to investors and providers, further progress can be made.”
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