What is the right prescription for a potentially fatal lack of alpha?
By Niki Natarajan
“Trust me I am a doctor.” This phrase once instilled trust and hope. These days less so. Why else are so many more patients turning to alternative therapies? Is the same true of those used to trusting their investment consultant without question?
As the land grab for advisory work accelerates some FoHFs are giving themselves away to retain the pension fund turf being eroded mandate by mandate by the very consultants that are supposed to be opening the trustee doors to them.
Among the top 10 largest FoHF there are