Tired of defending their fee structures, multi-managers are joining the push towards greater transparency at the same time as they fend off competition from implemented consulting. Andrew Sheen reports
FundQuest, the multi-manager owned by BNP Paribas, has confirmed to Global Pensions it is considering unbundling its fee structure, following on from the recent acquisition of UK based IMS.
Global Pensions gathered fund of hedge fund experts in London to discuss the outlook for the vehicle following the credit crunch, competition from replication vehicles and complaints of high fees and low transparency
GOODMAN Property Investors has launched an Asia Pacific fund of funds in a bid to target pension scheme demand.
INCLUDING - SWITZERLAND - New CEO for Credit Suisse AM, SWEDEN - AP4, FRANCE - BNP Paribas buys IMS
BNP Paribas Investment Partners has bought Investment Management Selection in a bid to boost its multi-manager business.
MIDDLE EAST - BNP Paribas Investment Partners (BNPP IP) and the Saudi Investment Bank (SAIB) have formed an asset management firm in the Kingdom of Saudi Arabia.
In the fastchanging Dutch pensions environment, both pension funds and asset managers are having to rethink their game in order to keep their place in the industry. Keren Holland reports
The £2bn Avon Pension Fund is looking for multi-managers to run two specialist active property portfolios worth a total of £250m.