Mark Tapley
- Features
The jury is still out
So in a continuation of the festive seasonal spirit, here are some quiz questions for pension fund trustees:LDI stands for ‘Liability driven investing’, which was the hot topic of 2004. What acronym best describes the preceding regime? Was it: PCMI (Pension Cost Minimization Investing)? IMDI (Investment Manager Driven Investing)? or ...
- Features
Europe's distinct lack of style
It is now some years since style analysis was introduced as a useful tool for investment managers and their clients, so how should we describe its current status in the world of equity investing? This report reflects a brief and informal survey conducted in recent weeks. Style analysis goes back ...
- Features
How the old order is changing
Consider these two quotes: “After five years of underperformance the UK’s ‘big five’ fund managers are losing pension business to their specialist rivals”, and “Merrill Lynch, Schroders, and Gartmore are among a group of the world’s best-known fund managers who suffered a dramatic fall in their UK pensions business last ...
- Features
Lessons from the Merrill/Unilever case
Apart from FRS17, the two big events in 2001 for UK pension funds were the Myners Report in March and the Unilever/Merrill trial from October to December. If they shared one thing in common, it was that they referred extensively to the way we measure performance of pension funds, and ...
- Features
Pension schemes - controlling the corporate risk
The ACT is just one of many professional bodies in the investment and finance area, but it sets particularly high standards in its efforts to educate its members. This booklet (fewer than 100 sides of A5, plus a bibliography and glossary) is the latest in their series; it brings together ...
