In the second of a three-part series on choosing asset managers, Jonathan Stapleton speaks to Richard Butcher and Roger Mattingly about how trustees shortlist managers.
At a Glance
- Trustees should start the process of choosing an asset manager with the end in mind
- The input of consultants is vital
- Managers should take care to tailor RFPs to the trustee board they are writing for and keep submissions both brief and simple
- Site visits are seen as ‘cosmetic’ and ‘artificial’
Not seen part 1 ‘How trustees review asset manager performance’? Watch it here