Responses to questionnaires asking pension plan sponsors their views on aspects of pension fund management reveal a lot of diversity of opinion. The most intriguing finding is that equity and bond management absorb the greatest proportion of expenses, yet are viewed as only modest avenues for adding value.<br><br>Another interesting finding is that sponsors ascribe greatest importance to aspects of pension plan management that are seen as having the greatest impact on performance, Equity manager is viewed as a significant impact on performance, for example, but the opportunity to add value through effective equity management is viewed as a significant. ...
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