Fiduciary management

JAPAN - Mercer is considering launching its implemented consulting service in the Japanese institutional market.

Cardano has been appointed as fiduciary manager for Pirelli's UK pension funds.

UK - Cardano has been appointed as fiduciary manager for Pirelli's UK pension funds.

Towers Watson has raked in $50bn (£31bn) in global assets under advisement through its implemented investment services business, the firm's fiduciary management offering.

UK - Inalytics has launched a new service which allows pension funds to analyse the performance of fiduciary managers and the advice they give to clients.

EUROPE - Custodians are increasingly being selected as preferred partners in fiduciary manager appointments, research suggests.

UK - The £3.3bn Merchant Navy Officers Pension Fund has appointed Hymans Robertson as independent investment adviser to monitor and challenge the actions of its fiduciary manager, Towers Watson.

Take up of fiduciary management in the Netherlands has been phenomenal. Andrew Short asks what lessons the UK can learn from this approach.

UK - Pension schemes should be legally obliged to perform due diligence before appointing a fiduciary manager, consultants say.

Pension schemes should be legally obliged to perform due diligence before appointing a fiduciary manager, consultants say.