With pension reform sweeping across Asia, fiduciary risk is likely to become one of the major measurements when it comes to awarding mandates, according to rating agency RCP Partners.
While European pension funds, such as the UK Post Office Pension Fund, already require pension managers to be rated before applying for mandates, the trend is yet to take as strong a hold in Asia. RCP Partners recently compiled scorecards on 50 fund managers in Asia û none attained the top ranking of 'excellent' û but only 35 managers allowed the results to be made public.
As long as a manager can come up with good returns, does it matter how they...
