
Beware the ‘small print’ in transitions, says Russell’s Moore
The absence of a self-regulatory body for transition management practitioners means pension fund sponsors should be mindful of the small print in their contracts when engaging a manager's service, to avoid potential conflicts of interest that are not illegal but could work against their members.
John Moore, executive director for Asia Pacific of Russell Investment Services, based in Tokyo, believes transition managers today still fall out of the cracks of regulatory oversight. They are governed
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