Just 38.46% of GP 100 Panel have asked their fixed income managers for increased specialisation when making allocations to the asset class.
The findings come after asset managers including PIMCO and Swisscanto, as well as global consultants, said clients had begun asking for a very specific set of skills from their managers.
Consultants report seeing this trend in countries such as the UK, US, and the Netherlands.
However, 61.54% of respondents said they had not discussed increased specialisation within their fixed income portfolio. One said: “We believe that external non-domestic fixed income managers can outperform by taking a macro view, hence country, currency, sector selection are the main drivers of alpha.”
Click here to more about the trend towards fixed income specialisation.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.