Tag Archives: Funds
All that glitters does not lure – thoughts on DC default funds.
“I asked him, ‘My God, they’re purple and green. Do fish really take these lures?’And he said, ‘Mister, I don’t sell to fish.’ Continue reading
Posted in auto-enrolment, CDC, dc pensions, fish, governance, investment, pensions
Tagged Alan Miller, Business, Funds, Hedge fund, Investing, Mutual fund, Real estate investment trust, SHPS
3 Comments
Can a hedge fund make your money prosper?
Here is a question asked to members of our Pension Play Pen by Alan Miller. It’s a long question so I’ve broken it down a bit- my answers at the bottom! When you consider predictions (eg LBS’s Dimson & Marsh) … Continue reading
Posted in Bankers, brand, hedge funds, Horse racing, smelly, stock lending
Tagged Business, Credit Suisse, Funds, Hedge fund, Information and Service Providers, Investing, Pension fund, Reuters
3 Comments
In the customer’s shoes; Dan Norman on our fund fiduciaries.
those charged with fiduciary responsibilities, including the managers themselves must, as Dan puts it “put themselves in their customers shoes” and start treating them fairly, Continue reading
Posted in actuaries, auto-enrolment, corporate governance, David Pitt-Watson, dc pensions, de-risking, Financial Education, First Actuarial, pension playpen, pensions
Tagged Asset management, Dan Norman, Funds, Gregg McClymont, Individual Savings Account, Investment management, Mutual fund fees and expenses
4 Comments
No win no fee – one way to clean up asset management
I met yesterday with a Swiss firm whose business is to reduce the investment costs for large investors (typically with €500m +). The model is simple, no retainer – they receive 50% of the savings from their work. They are a … Continue reading
Posted in Bankers, Change, corporate governance, David Pitt-Watson, dc pensions, de-risking, Fred Goodwin, FSA, Management, napf, pension playpen, pensions, RBS, redington, Retirement, twitter
Tagged Asset management, Business, Financial Services Authority, Funds, Investing, Investment management, Securities lending, Switzerland
1 Comment
“Three into two won’t go”- NO EXIT at Playpen lunch!
Three into two won’t go – but I can say this was the hardest but most rewarding meeting I have yet chaired Continue reading
Posted in pension playpen, pensions, Personality, poetry, Popcorn Pensions
Tagged Business, David, DNA, Funds, Investment management, Jeremy Spencer, Lunch, Mutual fund
7 Comments
Better ways to diversify the default.
When people see the jigsaw being put together , we may even get better public confidence in workplace pension schemes – something devoutly to be hoped for! Continue reading
Poor execution – a pigsty – not a playpen
A researcher I was speaking to yesterday asked whether I considered the bad practices associated with the poor execution of trades by fund managers as criminal fraud. His argument was that indirect benefits such as the receiving of rugby tickets from … Continue reading
Bothered about your pension wealth?
In the past few days I’ve had some fruity exchanges with Tom McPhail of Hargreaves Lansdowne about when people should start getting interested in managing their pension pot. Tom’s view is “as soon as savings begin, mine “when you can be bothered”. Hargreaves … Continue reading
The dam is full – manage the sluices
It can’t be much fun at the ABI these days. The FSA are investigating mis-pricing of annuities, the OFT are studying the distribution insurers use for pensions and just about every consumerist from Gregg McClymont to the NAPF are calling … Continue reading
Why the DC “game is up” for the active fund managers
Like landed salmon , they flap around on the bank, hoping they may get thrown back in the water. Continue reading
Posted in auto-enrolment, corporate governance, dc pensions, de-risking, infrastucture, Management, pensions, Personal Accounts
Tagged AllianceBernstein, Business, Conversion of Paul the Apostle, Defined contribution plan, Erisa, Funds, Hargreaves Lansdown, Investing, Investment, Investment management, Private equity fund, United States
10 Comments