Equities were top driver for 2021 FM returns

Consultants revealed most fiduciary managers achieved their outperformance targets

Holly Roach
clock • 2 min read
Equities were top driver for 2021 FM returns

Fiduciary managers’ returns last year were largely driven by strong performance in equity markets, according to XPS Pensions Group.

The consultant's annual Fiduciary Manager Review found that fiduciary managers' returns across 2021 were driven primarily by equities, despite expensive multi-asset strategies. The firm's 2022 r...

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