fund manager fees
Schemes are paying asset managers higher fees despite lower rates
Some pension schemes could be paying investment managers 70% more in fees compared to six years according to Lane, Clark and Peacock (LCP).
Investment charge transparency only way to build trust, say experts
'Asset management is a simple business but it's not an easy business'
Has there been any progress towards cost transparency?
IGCs and trustees are still a long way from getting transparency on transaction costs, finds PP.
Welsh Funds choose BlackRock to manage £2.8bn of passive funds
BlackRock has been chosen to run nearly £2.8bn of passive assets by the eight Local Government Pension Schemes (LGPS) known collectively as the Welsh Funds.
FCA warns of asset manager failings on closet trackers
The UK watchdog has discovered problems with how some asset managers market their funds after finding several actively managed products that in reality closely track benchmarks.
Aegon is improving value for money by cutting charges, says IGC
Aegon is reducing or simplifying charges for over 600,000 contributing members of workplace schemes, according to its independent governance committee (IGC).
Are regulators doing enough to tackle closet indexation?
Despite heightened awareness of index huggers, this cosy practice is still a big problem, finds PP.
Should UK pensions go Dutch on cost transparency?
Michael Klimes looks at the latest proposal to bring transparency on asset manager costs.
Investment Association forms panel to set up new disclosure code
The Investment Association (IA) has introduced a working group to help establish a new code for disclosing asset management fees and costs.
LGPS fund management costs rise 51% in one year
The local government pension scheme's (LGPS) reported investment costs have increased to £748m and charges per member have more than doubled in six years, according to a report.
Pension schemes want more control over hedge funds investments
Schemes are looking to increase their control of asset allocation in hedge funds and move away from fund of funds structures, according to a fund manager.
FCA begins major probe into asset managers and consultants
The Financial Conduct Authority (FCA) is investigating asset managers and investment consultants over concerns about value for money and conflicts of interest.
Schemes urged to review fund manager contracts to avoid nasty surprises
Pension schemes must review their contracts with investment managers to identify issues that could put trustees' fiduciary duties at risk, according to Squire Patton Boggs.
Are some LGPS funds really paying 43 times more than others in investment fees?
Investment management fees paid by local government pension scheme (LGPS) funds last year ranged from two basis points (bps) all the way up to 86 bps, official figures show.
Is the balance of power shifting from asset managers to trustees?
Trustees are learning to get bolshy over contracts
Asset managers must change or suffer the consequences
James d'Ath explains why increasing demands from investors for transparency means change is inevitable.
How do costs vary among the biggest schemes?
Mark Hodgkinson looks at the varying costs incurred by £1bn plus schemes
Fee transparency: Are trustees living in blissful ignorance?
Con Keating says experience suggests trustees know less than they think
Schemes struggle to find out what they pay in fees
The majority of the pensions industry believe it is difficult for schemes to find out what they are actually paying in asset management fees, according to research from PP.
Why costs and fees matter
How fees based on AUM are distorting and misleading
Why have asset management fees risen since 2010?
PP looks at research finding managers are charging higher fees than ever
Asset manager fees increase ahead of inflation, even when they underperform
Asset managers are charging higher fees than ever with fees for some mandates rising up to 60% over the previous five years, according to research by LCP.
