Rethink fund manager relationships
When the £16 billion BBC Pension Scheme started moving away from active listed strategies, it was time to rethink its interactions with external managers, starting with a few key questions.
When the £16 billion BBC Pension Scheme started moving away from active listed strategies, it was time to rethink its interactions with external managers, starting with a few key questions.
Changes in standard funds-management fee structures are inevitable. Better alignment and fairness can be arranged if the stakeholders are willing to make it happen. Mercer presents some ideas.
The C$337 billion CPPIB works towards a full understanding of its external managers’ strategies. These efforts, plus a customised fee structure, ensure a focus on long horizons.
This year, as you might expect, our readers placed six investor profiles among our top 10 most read stories. See what other types of stories topped the list and find out what was No. 1.
Most of the outsourced CIO clients of Cambridge Associates have aggressive asset allocations, with a tilt towards alternatives and hedge funds. But do the high fees eat into the potential alpha?
A new measure of the value a manager adds meets a proposed rate of compensation and protection for asset owners in the Thinking Ahead Institute’s plan for fairer performance fees.
Manager Relationships