mast image

Special Report

Impact investing

Sections

CEM and VB to map out pension operating costs

Related images

  • CEM and VB to map out pension operating costs

NETHERLANDS - The Canadian CEM Benchmarking, set up by Keith Ambachtsheer, has announced it will cooperate with the Dutch association of industry-wide pension funds (VB) on new comparative research into the operating costs of pension funds.

CEM, which stands for Cost Effective Measurement and benchmarks pension investments and pension administration among other things, says this is the first time the costs of the asset management and administration of all 79 VB members are being mapped out.

A VB spokesman told IPE that CEM will directly contact its members in the coming months for the analysis, and expects to have the comparative results ready by the end of this year.

"VB is taking the initiative on the benchmark to give pension funds more insight into their costs, in comparison to other industry wide pension funds," VB said, which claimed pension funds spearhead cost-effectiveness.

Mike Heale, a partner with CEM, added: "Pension funds will be able to justify their cost level to their participants in a transparent way via this benchmark."

The company said a number of large Dutch pension funds are already participating in its benchmarking procedure.

Giant Dutch pension fund ABP is one of these funds, as it published in its most recent annual report how it measures up on the cost effectiveness benchmark.

If you have any comments you would like to add to this or any other story, contact Carolyn Bandel on +44 (0)20 7261 4622 or email carolyn.bandel@ipe.com

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-2543

    Asset class: Search of an Asset manager / Advisor managing / Advising a risk-based equity derivatives overlay program.
    Asset region: Global Developed Markets Equities, Global Emerging Markets Equities, Swiss Equities.
    Size: CHF 700-2100 million.
    Closing date: 2019-06-17.

  • QN-2544

    Asset class: Transitional Real Estate Debt.
    Asset region: North America (USA/Canada).
    Size: $50-100mn.
    Closing date: 2019-06-17.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here
<