Comment: Allocation is too much responsibility for trustees

Being a trustee is a tough job, according to John Redwood

clock

Three of us at Evercore Pan-Asset have been trustees of investment funds. We try to look at investment problems from the trustee's viewpoint, as well as casting a professional eye over the investments. It has led us to worry about what a trustee is expected to do.

Many trustee boards end up making the crucial asset allocation decisions. Larger funds tend to have several investment managers. They all ask for specific investment mandates, which usually get the...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

UK GDP grows by 0.6% in Q1

UK GDP grows by 0.6% in Q1

Growth follows two quarterly declines in second half of 2023

Cristian Angeloni
clock 10 May 2024 • 2 min read
NAO probe finds estimated cost of dashboard project has risen by £54m

NAO probe finds estimated cost of dashboard project has risen by £54m

‘Range of factors’ have driven estimated cost of the programme up by 23%

Holly Roach
clock 10 May 2024 • 3 min read
News Digest: Calls for miners' pensions to be reformed

News Digest: Calls for miners' pensions to be reformed

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 10 May 2024 • 1 min read
Trustpilot