Schemes must maintain "vigilance" around smart beta asset managers charging fees more akin to alpha strategies, Towers Watson warns.
The consultant said a "bandwagon effect" in smart beta strategies, which tracks equity and bond indices in different and cheaper ways to traditional market cap methods, meant pension schemes could ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
