slib33
FRIDAY SEPTEMBER 19th TICKER: Scotland has decided to stay in the United Kingdom after voters rejected independence, easing investor uncertainty around UK stocks, gilts, and the country’s use of GBP. The bid for independence failed by a margin of 10%, with the results in from all 32 council areas, the ‘No’ side won with 2,001,926 votes over 1,617,989 for ‘Yes’ - Confidence at India’s largest companies hit a record high in September, as firms reported an easing in inflationary pressures and improved credit availability. The MNI India Business Indicator, calculated from responses from BSE listed companies, rose by 2.8 points to 71.2 in September from 68.4 in August - Italy is struggling to emerge from a balance sheet recession, according to the International Monetary Fund (IMF), although business surveys and resilient exports suggest a gradual increase in economic activity in coming quarters - Data from analytics provider eVestment shows total assets in hedge funds increased 1.6% in August to $3.068trn, overtaking the all-time peak level set prior to July’s slight decline.

Transition Management 2012

Transition Management 2012 11 October 2012Gibson Hall 13 Bishopsgate, London EC2N 3BA   http://www.ftseglobalmarkets.com/media/k2/items/cache/18d2fa990243b5f4ec94abbc01e25243_XL.jpg

Transition managers, pension funds, consultants, fund of funds, managed funds, platform providers and the insurance sector examined the key issues driving change and the transition solutions available to the pensions and investment industry at FTSE Global Markets' Transition Management Seminar.

As a facilitator of change it is perhaps not surprising that Transition Managers find themselves at the fulcrum of the evolution taking place in the investment industry. Change is occurring both in terms of where demand for transition managers is originating and also in the types of transitions that are taking place. Whilst the transition business in Europe from pension funds is now relatively consistent, and for the biggest users dominated by panels, most managers are seeing current growth from managed funds, fund of funds and the insurance sector. In the medium to long term the future of the transition management sector lies with the defined contribution sector. Fund managers across Europe are having to employ a multi-asset approach that allow the asset allocation to change as members near retirement. With the first DC pensioners coming online in Europe and retirement patterns changing, fund managers are developing new solutions for the pay-out phase, such as through retirement funds. Insurance companies currently dominate business in the pay-out phase, but changing regulations should allow fund managers to capture a greater share of business. Increasingly the larger providers will also create platforms which allow access for smaller distributors and third parties that do not have the power or resources to develop their own pension solutions nor the ability to attract sufficient assets through wrapped products of their own. The switch from defined benefit to defined contribution will present Europe's transition managers with a large number of new challenges but also the opportunity to be at the centre of one of the largest changes ever to take place in the pensions and investment sector.

The seminar brought together transition managers, pension funds, consultants, fund of funds, managed funds, platform providers and the insurance sector in order to examine the key issues driving change and the transition solutions available to the pensions and investment industry.  Presentations from Key speakers can now be found by clicking here.

Transition management in an era of change

The transition management service set is broader these days. Market challenges abound. Transparency is vital in volatile markets and when extreme changes in asset allocation often call for innovative approaches to portfolio transitions. A strong platform also helps. Michael S Gardner, managing director, global head, J.P.Morgan Transition Management, looks at the problems and prospects for the service set in an era of change.

For more videos on Transition Management, please click here.

Tweets by @DataLend

DataLend is a global securities finance market data provider covering 42,000+ unique securities globally with a total on-loan value of more than $1.8 trillion.

What do our tweets mean? See: http://bit.ly/18YlGjP

White Paper

Seeking Optimal ETF Execution in Electronic Markets

Seeking Optimal ETF Execution in Electronic Markets

 
pdf Download PDF View all Whitepapers

Sponsored by

Lead Sponsors

Transition Management Services from JP Morgan

Perspectives in transition management by Russell Investments

 

 

Associate Sponsors

Beta & Transition Management from BNY Mellon

Portfolio solutions from State Street Global Markets