A funds management fee which starts from a low base but ratchets up or down annually according to performance since mandate inception has been floated by Mercer as an alternative fee model.
The pension deficits of UK pension funds actually retreated last month, despite the worst stock market performance since early last year.
With an enormous portfolio that includes management of 1 per cent of the world’s equities, the NOK2.7 trillion (US$431 billion) Norges Bank Investment Management, recently did a study examining the role of active management. Amanda White spoke to chief strategic relations officer, Dag Dyrdal (pictured).
The China growth story is seducing many institutional investors, in theory. But in practice many investors still don’t know the best strategy for investment in the region. Yvonne Sin, head of investment consulting China for Towers Watson, spoke to Amanda White about some of the options.
The $141.8 billion Florida State Board of Administration has finalised a list of six timber managers, as it moves towards allocating capital to the timber asset class, as part of its strategic investments allocation.
Asset allocation has bumped alternative investments as the top investment issue for Canadian defined benefit pension plans, but asset-liability matching will take the cake in the next three years, according to a study by Towers Watson.