Institutions take up to a year to change managers - Mellon

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GLOBAL - Institutional investors are taking far longer to change investment managers or asset allocations than they did before the 2008 financial crisis, research by Mellon Transition Management (MTM) suggests.

MTM, the transition management specialist for BNY Mellon Asset Management, said since 2008 it had seen institutions take as long as a year to complete the transitioning of their assets away from on...

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