25 May 2021
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2 min read
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Kerr: Fiduciary managers delivered positive returns in 2020 despite retaining pre-Covid strategies
Fiduciary managers maintained their investment strategies across 2020 despite high market volatility and some hair-raising losses during the first quarter, XPS Pensions Group research finds.
The consultant's annual FM Watch report examined the performance of fiduciary managers across 2020. It found that none made significant or fundamental changes to their investment strategy following...
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