William MacDougall
- Features
Care and attention deliver dividends
The index gives the investment manager an essential reference point. It is a prime way in which the pension scheme instructs the fund manager what risks to take, whether the prime worry is losing money in nominal terms next month, or protecting the scheme against inflation, or maximising the long ...
- Features
Time to shut the back office
This article considers issues involved in outsourcing each of the main areas of a pension scheme, and in particular back office outsourcing. It is based on an operation I successfully carried out at the £3bn (e4.3bn) TRW/Lucas fund in the UK. This was probably the first case of an in-house ...
