UK - Trustees are being given the chance to rank their brokers in a survey that aims to increase transparency.
Thomson Extel has approached fund managers and large pension funds with direct investments to rate the quality of research and sales services they get from brokers.
The business information provider intends to put this data online and in print.
Head of Thomson Extel Survey Investment Management Group Steve Kelly said: “This service helps to provide a benchmark from which trustees can more satisfactorily question their fund managers.”
The service is available through www.extelsurvey.com which offers either an overall survey of broker services or individual reports on industry or country sectors.
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