Become a member and subscribe Login

Cost disclosure distorts reality

Amanda White

February 23, 2021

The Global Pension Transparency Benchmark (GPTB) m
Continue Reading

A Top1000funds.com subscription unlocks the full article

Join the global institutional investment platform read by the world's largest asset owners, fund managers and consultants.

New here

Create an account

Complimentary to register. We'll verify your details and grant access to the archive, our newsletters and the Asset Owner Directory (enhanced features coming soon).
Register now
Already a member

Sign in

Already activated your account? Sign in to continue reading and access your saved articles, preferences and member-only content.
Asset owners get permanent complimentary access. Learn more about memberships

, ,

Leave a Comment

More from this fund

CalPERS’ private markets chief: TPA won’t disrupt PE commitment pacing

Darcy Song

August 20, 2026

Lesson learned: How allocators can turn investment experience into a value-creation edge

Darcy Song

August 20, 2026

An announcement from the editor

Amanda White

August 19, 2026

LPPI: Keeping AI risk in check

Sarah Rundell

August 18, 2026

Future Fund looks to slash external tech spend in cost-cutting drive

Future Fund looks to slash external tech spend in cost-cutting drive

Australia's Future Fund is hoping to find tens of millions in cost savings by consolidating arrangements with external data and tech providers and putting a number of roles under review as it reconsiders resourcing in a volatile investment environment that it “expects to endure”.

Lachlan Maddock

April 15, 2026

Sweden’s FTN focuses on fees and returns in latest procurement

Sarah Rundell

March 05, 2026

Solid foundations allow Canadian funds to innovate and grow

Simon Hoyle

June 11, 2024

Behind CalSTRS’ cost savings: Better returns and control of risks

Amanda White

December 11, 2023

Penn PSERS trims leverage, adds fixed income and hones in on fees

Sarah Rundell

September 12, 2023

Sort content by

Revolutionising private market reporting

Nearly 10 years ago Lorelei Graye was part of the team at South Carolina that pushed for private market reporting transparency. That experience has motivated her to be a part of the solution in heading up the ADS Initiative to develop global data standards for private capital. We look at the journey to get there.

Amanda White

March 26, 2020

The bright and dark sides of PE

Analysis of institutional investor private equity allocations shows the differences in implementation styles and related costs are a key driver of a wide dispersion in private equity results. Researchers at CEM Benchmarking show that costs matter, a lot, in PE.

Mike Heale and Janjaap Weeda

March 10, 2020

Active US large cap adds nothing

Active investing in US large caps has detracted value from US pension fund portfolios and exposures should be indexed, according to new research by CEM Benchmarking. This could result in huge cost savings and have implications for how pension funds spend their active budget.

Amanda White

November 29, 2019

The reason behind fee falls

Fees have declined significantly in a number of asset classes since 2016. Fund of hedge fund fees for example have fallen by more than a quarter in that time. Kathryn Saklatvala from bfinance discusses why.

Kathryn Saklatvala

October 23, 2019

UK mega fund slashes managers

In line with its strategy to reduce costs, while maintaining returns, one of the UK’s new mega funds, the £45 billion LGPS Central will reduce the number of managers it uses from 250 to 50.

Sarah Rundell

May 27, 2019

Why small is beautiful at Illinois’ IMRF

The $42 billion Illinois Municipal Retirement Fund is dedicated to investing in emerging managers with a commitment of 22 per cent of its total portfolio. The relationship with minority and women-owned managers is mutually beneficial. Sarah Rundell talks to head of the IMRF emerging managers program and the co-chief investment officer of equities at one of its managers, Piedmont.

Sarah Rundell

May 20, 2019

Previous
Load more

Fiduciary Investors Podcast Series

Listen to Podcast

Subscribe now to

Become a member and subscribe

Join Now

Top1000funds.com is the market leading news and analysis site for the world’s largest institutional investors. It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing.

The publication pushes the industry to question whether status quo processes and behaviours to tackle risks and opportunities will be sufficient in the future, and actively campaigns for diversity, sustainability, transparency, innovation and better alignment of fees in the investment industry.

Top1000funds.com is read by investment professionals in more than 40 countries.

Privacy Policy | Terms of Service | Cookie Policy | AI Editorial Policy