TMs increasingly used ahead of buyout deals

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UK - Transition managers are more often being asked to help position portfolios to make them attractive for suitors on the other side of a buyout transaction, delegates at the Global Pensions Transition Management Forum heard.

Speaking at the London event, Steve Webster, head of transition management for Europe, Middle East and Africa at Credit Suisse said pension funds face a problem in that their asset base often isn't...

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