UK - Standard & Poor's, the financial information and ratings provider is sponsoring an evening discussion on ‘Unilever vs Merrill Lynch: Implications for the Fund Management Industry.'
The event will be hosted by the UK Society of Investment Professionals on February 20, 2002 at 5.45pm.
The debate will bring together fund managers, pension trustees, consultants and partners of several leading City law firms and provide an open forum to assess the implications of the case to all parties concerned including intermediaries and clients.
The implications to be discussed will also include a radical overhaul of the structure of pension fund assets and the relationship between fund managers and their clients.
The guest speakers include Clive Gilchrist, chairman of the pensions committee of the Association Corporate Trustees and former chairman of the investment committee of the NAPF, Tony Dye, MD of Dye Asset Management and former CIO of Philips and Drew Fund Management and Dugald Eadie, founder of WM, former chief executive of Henderson and expert witness for Merrill Lynch. The panel will be chaired by Mark Tapley, retired CIO and lecturer at the London Business School and Cranfield School of Management
Jim Maclachlan, Standard & Poor’s head of equity research said: The Unilever/Merrill Lynch case has precipitated a reappraisal of the contractual obligations between fund managers and their clients. This S&P and SIP debate is an important opportunity for investment professionals to interpret the implications of a landmark court case that is bound to change the way pension funds are managed.
The event will take place on Wednesday 20th February 2002 (5.45 - 7.30pm) at The Chartered Accountants’ Hall, Moorgate Place in London.
By Luke Clancy
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The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.