Pension Funds As Outside Managers: Sheep Dogs or Wolves?
November 12, 2013 A growing number of pension funds are leveraging their own direct investment skills to become financial intermediaries in their own right. Is this good news? I hope so… By Ashby Monk I’ve been riffing a lot lately on the insanity of the fees and costs that financial service providers get away with charging pensions, sovereign funds and other ass..