Transition Management Forum Asia 2011: Costs of a failed transition outweigh efficiency benefits

Pension funds and other asset owners were warned at the Asia Risk Transition Management Forum Asia 2011 today that the pursuit of returns might not be the most important consideration when moving assets between different asset allocations. "If you have a choice in transition management to maximise investment returns and minimise the risk, minimising your risk is the one you should go for," said Martin Mannion, London-based director of pension finance, investment and risks for GlaxoSimthKline in