Thursday
Apr132017
An update on active vs passive management
Thursday, April 13, 2017 at 09:26AM 
tagged indexing
indexing Entries in indexing (2)
Thursday, April 13, 2017 at 09:26AM Wednesday
May142014
Another public body blow to active management
Wednesday, May 14, 2014 at 01:25PM The anomalies of language can often be instructive. What Americans properly call “pensions”, British call “schemes”.
The Brits claim to speak English, and we Americans find their accents quaint and, if you consider the rampant overuse of British accents in US media any evidence, vested with a soupçon of sophistication. So it was with interest that we read in the Financial Times, Britain needs local authority pension revolution. Americans particularly like revolutions that involve the British.
It seems the Department for Communities and Local Government had the good sense to retain the consulting firm of Hymans Robertson to review the pension operations & results of funds managed by Local Government Pension Scheme, which is one of the largest public sector pensions in the UK, managing some 99 pension funds for more than 4.6 million members comprising some £178 billion. It’s a pretty big deal.
tagged indexing, portfolio strategy
indexing, portfolio strategy