In today’s pension world of ever-more regulation and increasing burden of understanding on Trustees, how to look at the landscape can be challenging. Strategies are more complex, markets are less forgiving and stakeholders are more critical.
In today’s volatile environment there is a need for a dedicated risk overlay function, which is managing assets against liabilities on a continuous basis. Many providers claim they can offer this service, but large differences exist.
Client request: This large corporate scheme wanted to assess the way illiquid investments (such as private equity, infrastructure and real estate) were managed and select an external delegated CIO for this part of the portfolio.