Comment: Allocation is too much responsibility for trustees

Being a trustee is a tough job, according to John Redwood

clock

Three of us at Evercore Pan-Asset have been trustees of investment funds. We try to look at investment problems from the trustee's viewpoint, as well as casting a professional eye over the investments. It has led us to worry about what a trustee is expected to do.

Many trustee boards end up making the crucial asset allocation decisions. Larger funds tend to have several investment managers. They all ask for specific investment mandates, which usually get the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

No industry agreement on need for a long-term savings commission

No industry agreement on need for a long-term savings commission

PP poll finds split opinion on whether the government should launch a long-term savings commission

Martin Richmond
clock 25 March 2025 • 2 min read
Spring Statement 2025: What to expect for pensions

Spring Statement 2025: What to expect for pensions

Professional Pensions asks the industry what, if anything, the chancellor might announce

Jasmine Urquhart
clock 25 March 2025 • 4 min read
Buzz: Will market consolidation stifle competition?

Buzz: Will market consolidation stifle competition?

Market consolidation, VfM traffic light system and pensions administration

Professional Pensions
clock 25 March 2025 • 1 min read
Trustpilot