Fiduciary management

GLOBAL - The use of fiduciary overlays will differentiate successful institutional asset managers from their competitors over the next three years, a new report has predicted.

The trustees of the £40m British Horseracing Authority pension scheme have appointed Mercer to provide implemented consulting services.

The DZ Bank London Branch Pension Plan has appointed Gatemore Capital Management to provide it with a dedicated chief investment officer service.

What is fiduciary management?

Apache and FirstGroup have outsourced their pension investment decision making to Mercer's implemented consulting practice.

UBS Global Asset Management has launched a strategic investment advisory team in a bid to provide schemes with portfolio advice and solutions such as fiduciary management.

There is an "accountability gap" in the investment governance of schemes of all sizes, a survey by Russell Investments reveals.