Fiduciary management

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.

NETHERLANDS - AXA Investment Managers (AXA IM) has won a €2.2bn ($3.1bn) fiduciary mandate by Ahold Pensioenfonds, the Dutch pension fund of retailer Ahold.

Schemes are lagging when switching asset classes with nearly 80% taking at least three months to adopt a new investment strategy, research shows.

NETHERLANDS - Dutch pension plans believe fiduciary management will continue to grow but it remains a controversial strategy, new research shows.

John Belgrove looks at how asset managers have adapted their strategies to respond to the unpredictability of today's markets

Russell Investments has seen assets under management at its EMEA fiduciary management business reach £7bn ($11.3bn), with £1bn of new business coming in over the last 12 months.