UK - Herd mentality by international investors is increasing market illiquidity and making it less cost effective for pension funds to switch managers, State Street claims.
The firm believes transition costs can often be high enough to negate any possible gain from making such a move. State Street global markets global head of research Avinash Persaud said: “Regulator...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
