SWITZERLAND - The Pensionskasse des Bundes (PKB), has dumped three quarters of its external active equity managers.
“The main reason was performance, but another very important reason was too low tracking error,” said Felix Senn, pension fund manager. “If the tracking error is low, I can do that passively, and ...
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
