Tag Archives: chris sier

ClearGlass calls a market distortion in fund management fees

This article is from Dr Chris Sier, the Executive Chair of ClearGlass and co-founder of AgeWage. Collecting data on fund management costs and charges. ClearGlass collects client- and deal-specific cost data using the client-specific mechanism of the CTI templates. This … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

A Roadmap for Increasing Productive Finance Investment

  A Roadmap for Increasing Productive Finance Investment We consider here the case for investment in less liquid assets and the current DC pension scheme landscape as set out in “A Roadmap for Increasing Productive Finance Investment”. We note first … Continue reading

Posted in pensions | Tagged , , , , , | Leave a comment

Private markets – a jewel in the crown or fool’s gold?

A key aim for DC trustees should be to consider how to ‘further improve’ long term future net risk adjusted returns and ‘member outcomes’ rather than just cutting costs. Getting more for members! @GuyOpperman @DWP @TPRgovuk @TheFCA @ThePLSA @bankofengland @henryhtapper … Continue reading

Posted in age wage, DWP, Fiduciary Management, Guidance, guy opperman | Tagged , , , , , , , , | 2 Comments

Will our pensions reform private equity or become its victim?

Peter Harrison, Schroder’s CEO is making some important comments about investing in the stock market.  “Ultimately, we’ve got to grow the wealth of our customers. The move towards private assets is a reflection of the fact that that’s where the … Continue reading

Posted in pensions | Tagged , , , , , , | 1 Comment

Weaknesses in the DB purchasing model exposed

Chris Sier and Ritesh Singhania have published research conducted by Clear Glass that shows  that UK DB pension plans waste billions on underperforming asset managers. The research, published in today’s FT, is concerning. Why are there such weak controls in … Continue reading

Posted in pensions | Tagged , , , , | Leave a comment

Top down or bottom up? How do we assess the value we are getting for our money?

  Later this week, Britain gets its first ever conference focused entirely on value for money. I’ll be speaking on a panel with Chris Sier who runs ClearGlass (but also helped found AgeWage). Chris’ work looks at the money side … Continue reading

Posted in pensions | Tagged , | Leave a comment

Value assessments – no answers without questions!

Fund boards not changing tack on performance in value assessments despite backlash Fact not spin When it comes to performance reporting, investors want fact not spin. They want to be told facts about what they get out of an investment … Continue reading

Posted in pensions | Tagged , , , , , | Leave a comment

Private Equity Laid Bare (by the FT)

  Yesterday I wrote about Ludovik Phalippou’s report  “An Inconvenient Fact: Private Equity Returns & The Billionaire Factory”. My interest had been prompted by an article of Chris Sier’s  I’d re-published on my blog. It showed that 2/3 of the … Continue reading

Posted in pensions | Tagged , , | 1 Comment

Segregated mandates – a club for large pension schemes only

With a few exceptions, most pension schemes do not go overboard with the number of asset management products they use.   Having worked with some super-large, super-complex pooled schemes and fiduciary managers, I can understand at least one reason. Lots … Continue reading

Posted in advice gap, age wage, pensions | Tagged , , , , | 2 Comments

If you think you know your costs, you could be wrong

This is the third of Dr Chris Sier’s insights into cost transparency and it gets right to the heart of the issue: just how much of a pension schemes total costs were previously unknown?   ‘You can’t manage what you … Continue reading

Posted in pensions | Tagged , , , , | 5 Comments