Stuning performance - and what else?: pension funds are becoming increasingly demanding. They want strong performance from a defined set of assets over long periods of time. An they want to know just how that performance has been achieved

Article Abstract:

Pension fund management remains an extremely competitive market as trustees and their advisers look for consistent high performance. Insititutions should ideally be in the top 25 of investment managers. Phillips & Drew Fund Management (PDFM) gained 29 clients in 1994 following consistently good results over five years. PDFM, Gartmore, Schroder Investment Management and Mercury Asset Management hold 35% of the management secregated, or bespoke, investment business. Pension fund trustees also require a consistent performance from a pre-set batch of assets.

---

Growing old gradually

Article Abstract:

Lifestyle pension schemes have been developed in the United Kingdom and involve a gradual move away from equities as customers near retirement. They offer a third option to the traditional with-profits and unit-linked schemes. Lifestyle schemes may not always make the move out of equities at the best time to take advantage of market conditions, and customers may lose out if a switch is made prior to a price rise for equities, or just after a stock price fall.

Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, United Kingdom

---

Back to bonds: pension fund managers' heavy reliance on equities has paid off in the past but more of them are now listening to the case for moving a greater proportion of assets into gilts

Article Abstract:

Equities have increasingly dominated pension fund portfolios but fund managers are now reviewing the merits of bonds due to the narrowing in the range of returns and a change in the iability profit of pension funds. The scope of outperformance by equities in the future is limited and a greater proportion of assets will move into gilts to better meed the needs of maturing pension funds.

Similar abstracts:

• Abstracts: Remarks on anti-abuse rules. The limits of literalism: the effect of substance over form, clear reflection and business purpose considerations on the proper interpretation of Subchapter K
• Abstracts: World of Leather: not sitting pretty. A new age dawns for energy markets: the opening up of the energy markets to alternative providers will bring benefits for users but means a period of upheaval as the battle for domestic market share gets underway
• Abstracts: Brokers cut the costs of unit trusts. Investment trusts: investment trusts are better than unit trusts - that's the conventional wisdom. Better performance and lower charges are two features normaly referred to but is this always the case?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.