GLOBAL - Inalytics has developed a league table of transition managers in conjunction with Mercer and Hewitt to help pension funds with due diligence.
Chief executive Rick Di Mascio said the benchmark - which would act as a league table of transition manager performance figures - would help pension funds both in selecting a transition manager and in objectively assessing the outcomes at the end.
National Association of Pension Funds investment council member Alick Stevenson backed the move.
He said: "It is progress in the right direction. Anything that leads to further disclosure of numbers to the clients is imperative.
"If this leads to fuller disclosure then the NAPF is very supportive."
Stevenson said pension funds no longer accept a number for the implementation shortfall and want to know how this is broken down to understand what is market movement and what is cost.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).