Diversification must not come at expense of fiduciary duty, PMI warns

CEO Gareth Tancred says allocation to private markets must be ‘measured and transparent’

Holly Roach
clock • 2 min read
PMI CEO Gareth Tancred
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PMI CEO Gareth Tancred

Diversification must not come at the expense of fiduciary duty, the Pensions Management Institute (PMI) says.

Speaking yesterday (20 November) at the World Pensions Conference, chief executive Gareth Tancred said the PMI supports the ambition for pension funds to allocate a greater proportion of defined co...

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