Financial Services Industry
Industry: Email Alert RSS FeedNews: Consultants should provide LDI solution.
Pensions Week, November, 2007
Byline: James Thomas
Fidelity's head of defined benefit (DB) business has called on more investment consultants to offer fund management services.
In spite of the obvious competition, Martin Harris, managing director of DB business at Fidelity, claimed Mercer's recent foray into liability-driven investment (LDI), which could mark a shift in focus for the company's UK business, was positive and should be emulated by other fund managers.
He argued the move was "very positive", adding: "All consultant companies should be operating as fund managers, or at least offering investment solutions or advising on them," he says.
"There is a firm need for the advisory channel within the institutional market to be stronger."
Harris'...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
