mast image

Special Report

Impact investing


UK funds boost consultant use

Pension funds in the UK are relying more on consultants but have little or no idea how to measure the advice they receive, a new survey has found.
“Following the trend of the 2003 survey, pension funds continue to increase their reliance on consultants,” the survey undertaken by broking firm Instinet finds. “There has been an increase in the amount of external advice received by funds and a decrease in the number of trustees that have started to react differently than before Myners to the advice.”
Forty-five per cent of funds with a market value of over $1bn (E1.47bn) polled saw a a 10% increase in advice received from investment consultants on 2003.
But nearly two thirds (62%) of funds have no formal way of measuring the quality of advice they receive, the survey finds.

Have your say

You must sign in to make a comment


Your first step in manager selection...

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

  • 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