mast image

Impact Investing

IPE special report May 2018

Sections

Mercers launches online custody database

UK- Mercer Investment Consulting has launched an internet-based global custody database that it says will produce a more up to date and efficient source of information for pension plans, foundations and investment managers.

The new online service is the custody equivalent of Mercer’s global investment manager database that holds information on more than 8,000 investment strategies offered by 1,700 money managers.

It centralises the information Merceer’s holds on custodians and although the service is not yet available to clients, Mark Walker, head of the European custody group, says this is something they are considering.

Previously consultants had to answer an annual questionnaire but now they are able to enter the secure website and update their details. Credit ratings, assets under custody and other data that change regularly can be refreshed more often.

“It allows us to be more efficient in supplying custody data and information to clients,” says Walker. Putting past data into the system will allow easier comparison of custodians’ services and fee structures with their competitors’.

Says Stacy Scapino, head of the global custody and asset administration group: “the database allows our consultants to develop an in-depth understanding of each custodian’s offering and internal control environment.”

Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2435

    Asset class: CLOs.
    Asset region: Global.
    Size: USD 50m.
    Closing date: 2018-05-22.

  • QN-2436

    Asset class: Real Estate - Core Open-ended Real Estate Equity Fund (non-listed).
    Asset region: Asia Pacific.
    Size: Approx. CHF 70-100m per investment.
    Closing date: 2018-05-25.

  • QN-2438

    Asset class: High Yield Bonds.
    Asset region: US.
    Size: USD 300 million.
    Closing date: 2018-05-25.

Begin Your Search Here