How exactly do pension schemes go about selecting asset managers?
How long does the whole process take?
And at what stage does each decision take place?
Incisive Media has recently conducted some research into these matters, and produced the following infographic, setting out the typical process that pensions schemes use.
This infographic was produced from a series of discussions conducted in June and July 2016 with the trustees of five pension schemes who have outsourced their asset management.
No two schemes were completely alike in their methods. All took slightly varying routes. However, there was a common core to their respective journeys, and it’s this pathway that the following infographic has set out.
Over the next couple of weeks, we’ll be looking at each stage of the procurement process in more detail and providing you with some key insights into the challenges, motivations and thought processes schemes go through so that you can better position your firm for selection.