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Almost 90% of firms responded that they had hired or expect to hire a new manager.
Institutional investors are split, with almost 50% now using an investment consultant or expecting to hire in the near future.
Many firms indicated that no further actions were needed over the next 12 months and were not as concerned about the need to reduce investment risk than they had been in 2012.
Public pension funds increased their equities holdings, especially wth passive domestic equities.
Looking at larger corporate pension funds with over ¥100 billion in assets, over 80% of funds use investment consultants, indicating the importance of consultant coverage by managers.
Real assets are playing an increasingly important role in the investment strategies of U.S. institutions as they look to diversify their portfolios and secure new sources of hard-to-achieve returns.

Best Practices in Institutional Distribution

29 October 2014 By: Andrew McCollum, Davis Walmsley
Greenwich Associates has assembled 24 best practices across sales, consultant relations, and relationship management based on our strategic consulting work with leading asset managers around the globe.
After years of playing second fiddle to the sell side as a career option, the asset management industry is emerging as the first choice for many financial professionals.
Examining the gap between actual and target allocations, we anticipate continued rebalancing pressure on domestic equities, active and passive, while gains are expected for active international equities.
Anticipation of hiring activity for Corporate/Credit and Inflation Linked fixed income managers is stronger than the previous year indicating changes in the investing environment.

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