Pension funds must move beyond traditional metrics used to select asset managers and allocation strategies to incorporate implicit costs when transitioning managers, BNY Mellon Asset Management says.
Using the usual checklist to measure the financial success of moving managers known as the “implementation shortfall” should include hidden costs such as the market impact of trades and price movement...
Kerrin Rosenberg says while the rise of CDI is positive, understanding the risk and return aspect is a great challenge
Schneider Electric has appointed Aon to provide full fiduciary management services for over £400m of assets held in the Schneider Pension Plan.
Pension Insurance Corporation (PIC) has invested £40m in debt issued by Scottish Borders-based Eildon Housing Association.