Pension fund managers may make you fantastic promises, but how
likely are they to keep them? Using a specialist monitoring team with many
years' experience of investigating these promises can help keep your managers
and your fund on track.
Shouldering responsibility
In the arena of investment, trustees now have a considerable
amount of responsibility. The Pensions Act 1995 clearly states that trustees
must monitor fund managers, and sets out what they should look for. Myners'
focus on investment and making informed decisions adds another dimension to
trustees' responsibility. However, not all trustees are investment experts, and
even those with some knowledge can be baffled by the language and data
presented by some fund managers.
Not only will we make sure you meet the statutory requirements, we
will do so much more. We can help you understand your managers, and how each of
them is contributing to your bottom line, so you can ensure they remain focused
on your objectives. This understanding means you will also know when it's time
for a change.
Knowing your managers
Our specialist monitoring service comprehensively covers all
aspects of manager research and monitoring.
Our research team carries out a comprehensive programme of fund
manager visits, detailed analysis of live portfolios and in-depth risk
analysis.
You will be assigned one of our senior investment consultants and
a dedicated team who will meet with you to discuss your needs and keep you
updated on progress. A member of the team will always be available if you have
any queries.
The team will attend trustee meetings to help keep your managers
focused, and to help you assess what your manager tells you.
The service includes:
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Determining the appropriate factors by which to measure your fund managers
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Setting the agenda for your fund manager meetings
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Assessing your fund manager's performance against the agreed objectives on a
regular basis
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An annual in-depth review of your managers' performance (including how your
portfolio compares with the fund management organisation as a whole)
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Quarterly risk analysis of your managers' portfolios
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Expert written commentary on your portfolios
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Analysis
of topical issues that affect or may affect your pension fund
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Timely reviews of new products
We can carry out these services for a wide range of multi-asset
and specialist managers, as well as for different types of fund management,
such as multi-national, property, bonds, private equity, hedge funds and
quantitative management.
Selecting the best
Our highly experienced, dedicated team have an abundance of
knowledge that they are practised in applying. Their in-depth analysis of fund
managers enables them to make informed comment on what managers actually do,
rather than what they say they do.
We have a wealth of resource material to turn to. Our library
contains a long history of analysis of live portfolios, allowing us to provide
objective, well-researched views.
We believe our risk analysis, both that which is publicly
available and the techniques we have developed in-house, put us ahead of the
competition, and we have many success stories to prove it.